Minister Mendicino discusses how Budget 2023 will create jobs and opportunities in British Columbia
April 12, 2023 - Burnaby, British Columbia
The Minister of Public Safety, the Honourable Marco Mendicino, today visited Nano One Materials in Burnaby to discuss Budget 2023’s investments in creating good jobs and growing a clean economy. Delivered on March 28 by Deputy Prime Minister Freeland, Budget 2023 is a Made-in-Canada plan to lower costs for Canadians, invest in health and dental care and create jobs in our communities.
Creating jobs and opportunities in British Columbia
To fight climate change and create opportunities for Canadians, Budget 2023 includes measures that will deliver clean and affordable energy, support investment in our communities and create good paying jobs. To accelerate investments in clean technology, the Budget proposes a refundable tax credit equal to 30 per cent of the cost of investments in the machinery used to manufacture key clean technologies. This clean economy will be worker-driven, creating good union jobs in communities across Canada.
Budget 2023 is also focused on making life for affordable for Canadians, headlined by the new Grocery Rebate. This targeted inflation relief will put $467 back in the pockets of eligible families with children. The government is also taking action to crack down on junk fees and predatory lending, lower credit card fees for small businesses and launching new tools to help low-income Canadians receive the tax benefits they are entitled to.
The Budget makes significant investments in Canada’s universal public health care system, including $28.56 billion here in British Columbia. This funding will reduce backlogs and expand access to family health services. Budget 2023 also introduces a new Canadian Dental Care Plan, ensuring no Canadian has to choose between taking care of their teeth and paying the bills.
Building on our success
Budget 2023 builds on Canada’s remarkable recovery from the COVID recession. Canada’s economic growth was the strongest in the G7 over the last year and today 830,000 more Canadians are employed than before the pandemic. Inflation has fallen for eight months in a row, our unemployment rate is near its record low at 5%. Supported by a national system of affordable early learning and child care, labour force participation for women aged 25 to 54 reached at a record high of 85.7 per cent in February.
With a responsible fiscal plan that will see Canada maintain the lowest deficit and the lowest net debt-to-GDP ratio in the G7, Budget 2023 will help to build a Canada that is more affordable and sustainable from coast to coast to coast.
“In a challenging time in a challenging world, there is no better place to be than Canada. Our government’s focus has always been growing the economy, strengthening our social safety net and improving Canadians’ quality of life. However, inflation is still making life difficult for many Canadians. That’s why Budget 2023 delivers new, inflation relief for the most vulnerable – including many here in BC. Budget 2023 is our plan to make life more affordable, strengthen health and dental care and create jobs here in Burnaby.”
- The Honourable Marco Mendicino, Minister of Public Safety
- Budget 2023: A Made-in-Canada Plan: Strong Middle Class, Affordable Economy, Healthy Future
- Budget 2023: Address by the Deputy Prime Minister and Minister of Finance
- Backgrounder: A Made-in-Canada Plan: Affordable Energy, Good Jobs, and a Growing Clean Economy
- Backgrounder: Stronger Public Health Care
- Backgrounder: Making Life More Affordable
- Backgrounder: An Affordable Place to Call Home
- Backgrounder: Advancing Reconciliation
- Backgrounder: Stronger and More Inclusive Communities
- Backgrounder: Improving Service Delivery
Office of the Minister of Public Safety
Public Safety Canada
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