Stephen Harper, Prime Minister of Canada, said Tuesday the the stimulus funding which was passed by his government earlier this year would be activated to the point of seeing 20 billion Canadian dollars in new spending and funding before April 1st.

The Prime Minister at his Brampton, Ontario speech said the remainder of the stimulus budget, written and devised by Finance Minister Jim Flaherty, would be delivered within the five months following.

The budget passed by a vote of 204-78 after an agreement with the Liberal Party insisted that Harper’s Conservative government would provide quarterly accountability reports outlining how the stimulus has been spent. The budget projected a $84.9 billion deficit over the next five years.

Harper also speculated that Canada likely will not recover from recession until the financial industry in the United States is recovered, rehashing much of Ben Bernanke’s thoughts on the matter.

Harper reassured Canadian investors that nationalizing banks was not within the scope of the Canadian government, and if necessary stricter banking regulations may be considered to tighten control over the economy, but criticized the United States’ approach of micromanaging banks at a federal level.

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