Today, as a next step in our plan, I am here to announce what we are doing to help young parents across Canada by improving access to affordable early learning and child care.
Many younger Canadians had a tough introduction to their adult lives. Millennials coming of age in the early 2000s endured the chaos and challenge of the Great Recession. Many in Gen Z became adults during the Covid pandemic. Both generations have strived to pursue careers and start families in a time of high inflation, high interest rates, and high housing costs.
Remarks by the Deputy Prime Minister at the Standing Committee on Finance regarding Bill C-59, the Fall Economic Statement Implementation Act, and Main Estimates
And that’s why our government is working every single day to build more homes faster, and to make life more affordable for Canadians and their families.
And today, I have an announcement. I am really glad to announce that our government will be extending this two per cent cap on the excise duty for an additional two years.
The work you do here is so important, and I just want to start by recognizing that and thanking all the health care professionals across Canada, and a personal thank you to all the amazing people here at Women’s College Hospital.
I love Winnipeg, and I am so happy to be in Winnipeg today. And I am really happy to be here with the team at the University of Winnipeg Community Renewal Corporation and to see first-hand the amazing work you are doing, the amazing homes you are creating, and the amazing communities you are making possible.
I would like to begin by acknowledging that we are gathered on the traditional territories of several First Nations, including the Huron-Wendat Nation.
Our government is working every day to deliver for Canadians across the country—from our big cities to our smallest towns. And the actions we’re announcing today will help to ensure that Canada’s small towns remain a great place to call home—today and for years to come.