Federal budget gets a Ruff ride, while offering hope to others mitchelladvocate.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mitchelladvocate.com Daily Mail and Mail on Sunday newspapers.
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OTTAWA In their first full budget since the COVID-19 pandemic devastated Canada’s economy, the Liberals are promising $101 billion in massive new spending on a national child-care program, support programs for affected businesses and stimulus to fuel the post-pandemic recovery.
The budget also offers a preview of what the Liberals plan to campaign on in an election that could come any time, including a promise to have $10-per-day child-care spaces by 2026.
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OTTAWA In their first full budget since the COVID-19 pandemic devastated Canada’s economy, the Liberals are promising $101 billion in massive new spending on a national child-care program, support programs for affected businesses and stimulus to fuel the post-pandemic recovery.
The budget also offers a preview of what the Liberals plan to campaign on in an election that could come any time, including a promise to have $10-per-day child-care spaces by 2026.
We apologize, but this video has failed to load.
Try refreshing your browser, or Federal budget 2021 pledges $101B for child care and stimulus spending Back to video
To that end, it pledges $2.4 billion over three years to developing skills and trades, with about 40 per cent earmarked for training in sectors ranging from health care to construction. It adds on $8.9 billion more to beef up the Canada Workers Benefit in a boost to low-wage workers, who will have a higher income threshold at which their benefit starts to shrink. Low-wage workers in Canada work harder than anyone else in this country, for less pay. In the past year they ve faced both significant infection risks and layoffs. And many live below the poverty line, even though they work full-time, Finance Minister Chrystia Freeland said Monday.
With one budget, Freeland overturned 3 decades of political orthodoxy
Most members of Parliament grew up in a political culture that embraced the Reagan-Thatcher school of low taxes, light regulation and small government. Thanks to the pandemic and Finance Minister Chrystia Freeland s new budget that era arguably came to an end this week.
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