Ottawa – Every family in Canada deserves access to high-quality child care when they need it and at a price that won’t break the bank. The Government of Canada is working closely with provincial, territorial and Indigenous partners to make this a reality. Jenna Sudds, Minister of Families, Children and Social Development joined Chrystia Freeland, Deputy Prime Minister and Minister …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and Sean Fraser, Minister of Housing, Infrastructure and Communities, announced that more than 300,000 Canadians have opened a Tax-Free First Home Savings Account since April 1, 2023, which is making it more affordable for them to save for a down payment. The Tax-Free First Home Savings Account allows Canadians to …
Province supporting municipal water projects to help build more housing MISSISSAUGA — The Ontario government is investing $200 million over three years to help municipalities repair, rehabilitate and expand critical drinking water, wastewater and stormwater infrastructure. The new funding will support the province’s rapidly growing population, unlock more housing opportunities and spur economic growth. “We have heard time and time …
Ottawa – Chrystia freeland, Deputy Prime Minister and Minister of Finance spoke at the Sustainable Finance Forum. She said: “I do want to start by recognizing and thanking Ryan. Ryan, your hard work and your leadership are why we are all here today. I think you are a tremendous example of what one person, one Member of Parliament with dedication …
TORONTO — The Ontario government is taking steps to remove the full eight per cent provincial portion of the Harmonized Sales Tax (HST) on qualifying new purpose-built rental housing in order to get more rental homes built across the province. “There has never been a greater need to get rental housing built across the province. This is why our government …
The province continues to put more money back in people’s pockets TORONTO — To help Ontario families and businesses keep costs down, the Ontario government will be proposing legislation through its upcoming 2023 Fall Economic Statement that would, if passed, extend the gasoline and fuel tax rate cuts to June 30, 2024, saving households $260 on average since the tax …
Province lowering age eligibility to receive publicly funded mammograms to include those aged 40-49 TORONTO — The Ontario government is connecting significantly more people to breast cancer screening by lowering the eligibility age of self-referral for publicly funded mammograms through the Ontario Breast Screening Program from 50 to 40 beginning in fall 2024. This historic expansion will help more than …
Marrakech – Deputy Prime Minister and Minister of Finance, Chrystia Freeland, concluded a visit to Marrakech, Morocco for meetings of G7 and G20 Finance Ministers and the Annual Meetings of the International Monetary Fund (IMF) and World Bank. The Deputy Prime Minister discussed with Canada’s allies and partners the importance of building clean economies that deliver for working people, securing …
Province delivers on Plan to Build through targeted investments in programs, services, and infrastructure TORONTO — Today, the Ontario government released the 2022-23 Public Accounts, which provide the final audited financial results of the province for the fiscal year ending March 31, 2023. “As Ontario’s population continues to grow, the Public Accounts show that we are taking a targeted, responsible …
Canada Mortgage Bonds increase designated to new rental housing construction Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that the annual limit for Canada Mortgage Bonds is being increased from $40 billion to up to $60 billion. This change is the next step in the government’s plan to build more homes, faster, and will unlock low-cost …
