Our budget is about ensuring fairness for every generation—especially younger Canadians. That’s why an important part of our plan is about helping young parents across Canada by improving access to affordable, high-quality early learning and child care.
Today, child care fees are down by at least 50 per cent across Canada. In eight provinces and territories, child care costs just $10-a-day. This year, families in Ontario are saving up to $8,500—per child.
Our investment tax credits are already working to give businesses the certainty and the support they need to make historic investments in Canada that create great jobs while reducing our emissions at the same time.
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, highlighted how Budget 2024: Fairness for Every Generation takes action to protect Canadians, the economy, and our environment from the increasing effects of climate change.
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, highlighted how Budget 2024: Fairness for Every Generation is taking further action to protect our environment today and for the next generation.
The Deputy Prime Minister will provide an update on the government’s economic plan. She will be joined by the President of the King’s Privy Council for Canada and Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada, Harjit Sajjan, the Minister of Energy and Natural Resources, Jonathan Wilkinson, and the Minister of Environment and Climate Change, Steven Guilbeault.
It’s why, in the budget, we are really focused on three things. First, housing—the Prime Minister outlined the key housing policies. Second, affordability, with programs like the dental care plan and ongoing investments in our early learning and child care system, and the absolutely crucial investments for the Canadian economy.
We, the G7 Finance Ministers and Central Bank Governors, met on 17 April 2024 in Washington, DC, on the margin of the International Monetary Fund and World Bank Group Spring Meetings. We were honoured to be joined by the Ukrainian Finance Minister Sergii Marchenko. We were also joined by the Heads of the International Monetary Fund, World Bank Group, Organisation for Economic Cooperation and Development, and Financial Stability Board.