Nanaimo, British Columbia – Department of Finance Canada To unlock good-paying opportunities for every generation, particularly for Millennials and Gen Z, every student must have fair access to post-secondary education, regardless of their ability to pay. Everyone should be able to afford college, university, or an apprenticeship, graduate and find a good job, put a roof over their head, and …
Toronto – In Toronto, Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced an investment of nearly $2.4 million to retrofit the TD Futures Cities Centre at Evergreen Brick Works. Evergreen, the national non-profit that stewards the site, was incorporated in 1991 and is dedicated to transforming public spaces for people and planet. In addition, Evergreen is providing just …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and Mary Ng, Minister of Export Promotion, International Trade and Economic Development, issued the following statement following the US Trade Representative’s request for consultations on Canada’s digital services tax under the new NAFTA (the Canada-United States-Mexico Agreement) : “Canada strongly supports international efforts to end the corporate tax race …
Saddle Hills – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, visited Advantage Energy’s Glacier plant in Alberta’s Peace Country, the world’s first abated natural gas facility. She highlighted how the Canada Growth Fund’s $200 million investment and carbon contract for difference are enabling Calgary’s Entropy Inc. to implement carbon capture and sequestration technology. In December 2023, the Canada …
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 …
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 …
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 …
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 …
Budget 2024 is seizing the opportunities of today to build a Canada that works better for every generation. Ottawa – First, the government is delivering fairness for every generation with a housing plan that includes nearly 4 million new homes, transformative expansions to Canada’s social safety net to make life cost less and ensure Canadians get the care they need, …
