Toronto – Canadians work hard to be able to afford a home. However, the high cost of mortgage payments are a barrier on the path to homeownership, especially for Millennials and Gen Z. To break down these barriers and help more young Canadians buy a first home, Budget 2024 announced the federal government would allow up to 30 year amortizations …
Markham – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, visited Markham District Energy—the city’s public energy utility and Canada’s fastest growing energy utility—to highlight how federal investments are expanding Markham’s affordable, low-carbon energy network to more residents and businesses. Markham District Energy’s network is already delivering reliable, cost-efficient heating and cooling to over 15 million square feet across …
London – Building fairness for every generation means combatting pollution and the devastating and costly impacts of the climate crisis while making everyday life more affordable for Canadians. Canada’s approach to pricing carbon pollution achieves both. Steven Guilbeault, Minister of Environment and Climate Change, was at Pizza Quest in London, Ontario, to highlight that today is the final opportunity for …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, welcomed the announcement of the Canada Growth Fund’s sixth investment. The Canada Growth Fund and Strathcona Resources—Canada’s fifth-largest oil producer—have agreed to invest up to $2 billion combined to build carbon capture and sequestration infrastructure on Strathcona’s steam-assisted, gravity drainage oil sands facilities in Saskatchewan and Alberta. Upon completion, the …
Cavendish – Chrystia Freeland, Deputy Prime Minister and Minister of Finance at the unveiling of the LM Montgomery commemorative circulation coin, said: It is so great to be back on PEI. I’m delighted to be here with my amazing colleagues, with Sean Casey, with my colleague Lawrence MacAulay. And thank you very much, Heath MacDonald, for welcoming us to your …
Toronto – High-speed internet access is more essential than ever to keep Canadians connected. Chrystia Freeland, Deputy Prime Minister and Minister of Finance, highlighted that the Canada Infrastructure Bank (CIB) has invested more than $2 billion in eight internet service providers. This investment is supporting high-speed internet projects, connecting 430,000 more rural and remote Canadians households. Through the CIB’s partnerships with …
30-day consultation on Chinese EVs launching July 2 Vaughan – Auto manufacturing directly supports over 125,000 good-paying Canadian jobs, many of which are unionized. Canada’s electric vehicle (EV) supply chain potential is ranked first in the world—and the federal government is seizing the growth opportunities of EVs to ensure Canadian auto workers can succeed well into the future. Canadian auto …
Toronto – Harbourfront Centre is Toronto’s waterfront home to arts, cultural, and recreational programming. Budget 2024 takes action to empower artists and art organizations to make our communities more inclusive, vibrant, and resilient—so that every generation has a fair shot at a good middle class life. Starting this year, the federal government will provide $10 million over two years to support …
Ottawa – Bill C-59, the Fall Economic Statement Implementation Act, 2023, received Royal Assent. With the passage of this legislation, the government is delivering on key measures from the 2023 Fall Economic Statement to help make life cost less, build more homes, and ensure our economic growth is shared by all. Measures adopted in Bill C-59 to stabilize prices and make life more …
Starting June 27, Canadian Dental Care Plan applications open to children under 18 and persons with disabilities Ottawa – Budget 2024 is strengthening Canada’s social safety net by improving access to dental care so that every generation can have a fair shot at receiving the care they deserve while making life cost less. The federal government is continuing to roll …
