Minister Fortier discusses the importance of quality of life and well-being of Canadians in Surrey
March 3, 2020 - Surrey, British Colombia - Department of Finance Canada
A strong economy starts with a strong middle class and a responsible fiscal plan. For the last four years, investments in people and communities have helped create more opportunities for people to succeed.
Better incorporating quality of life measurements into government decision-making and budgeting, drawing on lessons from other jurisdictions such as New Zealand and Scotland, is one of the Honourable Mona Fortier, Minister of Middle Class Prosperity and Associate Minister of Finance’s mandate letter commitments.
In the context of a tour dedicated to listening to Canadians on what quality of life means to them, the Minister participated in a roundtable with stakeholders in Surrey to hear from them on what quality of life and well-being mean to them, and to understand the key issues facing their communities. The Minister also highlighted the need to look at a broader range of evidence than standard economic statistics, such as gross domestic product (GDP), to assess progress in people’s quality of life and establish policy priorities.
The government remains committed to building an economy in which all Canadians prosper. This means ensuring that the benefits of growth are fairly distributed, that everyone has equal opportunities to succeed, and that Canada becomes an even better place to live for current and future generations.
“Our goal is to grow an economy that works for everyone. Taking quality of life into account in government decision-making will ensure our policies meet the real needs of Canadians—today and in the future. We want to make sure Canadians have a safe and affordable place to call home, a good, well-paying job that meets the needs of their family, a safe and dignified retirement, access to health care and the ability to build a better future for themselves and their family.”
- Mona Fortier, Minister of Middle Class Prosperity and Associate Minister of Finance
Looking “Beyond GDP” at broader elements of quality of life and well-being is gaining traction around the globe, including as part of the Organisation for Economic Co-operation and Development’s (OECD) work on inclusive growth. Roughly half of the countries in the OECD have formally adopted sets of indicators that measure their citizens’ well-being.
Media may contact:
Office of the Minister of Middle Class Prosperity and Associate Minister of Finance
Department of Finance Canada
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