Our budget is a plan to build more affordable homes; grow our economy in a way that will create good-paying jobs for Canadians and keep Canada at the economic forefront; and strengthen Canada’s social safety net to help make life cost less.
We’re acting now—and acting with purpose—because the cost of inaction today would be borne chiefly by younger Canadians. We would be leaving them behind. And we will not do that. Instead, we will help them realize the promise of Canada with a responsible plan that creates new career opportunities and grows the economy for every generation.
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, tabled the Notice of Ways and Means Motion to introduce the Budget Implementation Act, 2024, No. 1. This legislation will advance many of the government’s key priorities in Budget 2024: Fairness for Every Generation.
Canada has everything it takes to be a global leader in the full electric vehicle supply chain. We have the raw materials, like aluminum, lithium, steel, and nickel. We have a strong manufacturing base. And most important of all, we have the talented, committed, skilled people who know how to mine those materials, then they know how to transform them into fantastic products, including the amazing cars we see here.
We’re working hard to make life more affordable, with absolutely essential things like dental care, like making diabetes medicine, like making contraceptives free for Canadians. That’s going to make life more affordable for so many people.
The Indigenous Loan Guarantee Program is a very important step for Indigenous self-determination and in Canada’s path of reconciliation with Indigenous Peoples. And, as Finance Minister, I also know this is an important step for Canada’s economic growth and prosperity.