Today, the Honourable Mona Fortier, Minister of Middle Class Prosperity and Associate Minister of Finance, was in Winnipeg, Manitoba, to continue the Government of Canada’s consultations ahead of Budget 2020. Minister Fortier took part in a roundtable discussion at the University of Manitoba Smartpark Innovation Hub to hear from local business and community leaders and stakeholders about their priorities for Budget 2020. In the afternoon, Minister Fortier held a discussion with the Winnipeg francophone community on how the government can help grow the economy in a way that works for everyone.
Today, Finance Minister Bill Morneau spoke to the Economic Club of Calgary about the progress being made on the Trans Mountain Expansion Project. To date, more than 2,900 workers have been hired and construction is underway in the Greater Edmonton Area, Yellowhead, and at Burnaby Terminal, Westridge Marine Terminal, Edmonton Terminal, and pumping stations along the route. At peak construction there are expected to be 5,500 people employed on sites in Alberta and British Columbia. The goal is to have the Project in service by the later half of 2022.
Today, the Honourable Seamus O’Regan, Minister of Natural Resources, on behalf of the Honourable Bill Morneau, Minister of Finance, announced that the Government of Canada has agreed to financial restructuring negotiations and will support short-term flexibilities for the Lower Churchill Projects in Newfoundland and Labrador in recognition of the province’s objective to protect ratepayers.
Today, the Honourable Mona Fortier, Minister of Middle Class Prosperity and Associate Minister of Finance, was in Regina, Saskatchewan, to continue the Government of Canada’s consultations for Budget 2020. Minister Fortier took part in a roundtable discussion hosted by the North Central Community Association to hear from [local community and business leaders and stakeholders] about how the government can help build a strong economy that works for everyone.
“Today, the Trans Mountain Corporation’s Board of Directors released an updated construction cost estimate that includes the appropriate contingencies. The board concluded that the Project remains commercially viable. The Project will be completed in late 2022.
Today, Minister of Finance, Bill Morneau, released the findings from the first phase of the review by the Advisory Committee on Open Banking and announced that the committee will undertake a second phase of work to continue to examine the merits of open banking with a particular focus on data security in financial services.
Minister of Finance, Bill Morneau, will promote Canada’s strong economic position and the government’s economic plan at the World Economic Forum Annual Meeting in Davos, Switzerland. Canada is committed to taking real and meaningful action by investing responsibly to build an economy that works for everyone, taking serious action to protect the environment and fight climate change, and creating more opportunities for Canadian businesses at home and abroad.
Today, Finance Minister Bill Morneau was in Calgary, Alberta, to continue the Government of Canada’s consultations for Budget 2020. In a roundtable discussion hosted by the Business Council of Alberta, Minister Morneau met with Alberta business leaders to talk about investments to help grow the economy, create more good, well-paying jobs, and help businesses get ahead.
Today, the Honourable Mona Fortier, Minister of Middle Class Prosperity and Associate Minister of Finance, accompanied by the Honourable Filomena Tassi, Minister of Labour, was at Mohawk College in Hamilton, Ontario, to continue the Government of Canada’s consultations for Budget 2020. Minister Fortier took part in a roundtable discussion and tour to hear from local stakeholders and talk about investments to help grow the middle class and allow businesses to prosper.
Ensuring the long-term financial security of Canadians is a keystone of the Government of Canada’s efforts to help protect the middle class and those working hard to join it. Today, the Government of Canada successfully issued a 5-year US$3 billion global bond.
