I am proud to be a part of a government that is delivering for Canadians.
Yesterday, Minister of Finance, Bill Morneau, shared Budget 2017, delivering on the Government’s ambitious agenda to support Canadians at every stage of their lives, transform our neighbourhoods and communities and give every Canadian a real and fair chance at success.
With its strong focus on innovation, skills, partnerships and fairness, Budget 2017 takes the next steps in securing a more prosperous future for all Canadians.
The investments in infrastructure we make today will deliver clean, sustained economic growth; building stronger, more inclusive communities and create more jobs for Canadians.
I encourage you to visit http://www.budget.gc.ca/2017 to review the budget in its entirety; I am also pleased to share some highlights that will have a particular resonance for our community and its people.
Budget 2017 proposes $300 million for a Smart Cities Challenge Fund, which will support a competition among cities across Canada, to develop smart cities plans, bringing together local governments, citizens, businesses, and civil society.
In addition, to support our government’s plan for a clean, sustainable economy, over the next 11 years, $21.9 billion will be invested in green infrastructure, including initiatives that will support the implementation of the Pan-Canadian framework on clean growth and climate change.
Budget 2017 works to build stronger communities by improving access to early learning, child care and affordable housing. It will invest $11.2 billion over 11 years for an inclusive National Housing Strategy, to help ensure Canadians have affordable housing that meets their needs.
To give kids and their parents a real and fair chance at success, the Government will invest $7 billion over 10 years, starting in 2018-19, to support and create more high quality, affordable, child care spaces across the country. To provide better support to young families, Budget 2017 will also commit $886.4 million over five years to make employment insurance, caregiving, parental and maternity benefits more flexible for Canadians to meet their different needs.
Young Canadians will be the ones who drive the future growth of Canada’s economy, yet too many struggle to find practical work experience that leads to good, well-paying jobs. Last year, the Government announced new investments in the Youth Employment Strategy and the Canada Summer Jobs program, which help to create short-term job opportunities for students between the ages of 15 and 30.
Budget 2017 provides an additional $395.5 million over three years, for the Youth Employment Strategy, for additional employment and skills development opportunities for young Canadians. Combined with Budget 2016 measures, these investments will help more than 33,000 vulnerable youth develop the skills they need to find work or go back to school; create 15,000 new green jobs and provide over 1,600 new employment opportunities for youth in the heritage sector.
Budget 2017 will also invest $221 million over five years to renew and expand funding for Mitacs, a not-for-profit organization that builds partnerships between industry and educational institutions, to help it meet its goal of providing 10,000 work-integrated learning placements for Canadian post-secondary students and graduates each year. As well as $2.7 billion over six years to boost skills training and employment support for those unemployed and underemployed under the Labour Market Transfer Agreements.
Budget 2017 helps connect companies on a global scale, takes an innovative and collaborative approach to solving modern challenges, and helps businesses get what they need to grow. Starting in 2017-18, Budget 2017 will invest $950 million over five years, to support “superclusters”, dense areas of business activity that energize economies and act as engines of growth. These “superclusters” have the greatest potential to accelerate economic growth, through a competitive basis. The competition will launch this year and focus on superclusters that enhance Canada’s global competitiveness by focusing on highly innovative industries such as advanced manufacturing, clean technology and health/bio-sciences, as well as infrastructure and transportation.
To help coordinate and simplify innovation programs available to businesses, Budget 2017 proposes to establish Innovation Canada, a new platform led by Innovation, Science and Economic Development Canada. Innovation Canada will lead the creation of Canada’s economic growth strategies.
Canada’s 150th Anniversary reminds us that we have a lot to be thankful for. Economically, our talented, skilled, diverse and innovative workforce gives us tremendous potential for growth. Our values, stories and culture shine for the world to see. That is why we will continue to invest in our people, our communities and our economy, to build a better future for generations to come.
Hon. Karina Gould
Your Member of Parliament for Burlington