Parliamentary Secretary François-Philippe Champagne Highlights Budget 2016 Support for Veterans
March 30, 2016 - Quebec City, Quebec - Department of Finance
François-Philippe Champagne, Parliamentary Secretary to the Minister of Finance, today met with representatives of La Légion royale canadienne filiale 265 in Quebec City to highlight Budget 2016 measures that improve services and benefits for veterans in recognition of the sacrifices they have made for their country.
The Parliamentary Secretary provided participants with an overview of the new investments the Government will be making to support veterans, including hiring additional case managers, increasing the Disability Award, expanding access to higher grades of the Permanent Impairment Allowance, and increasing the Earnings Loss Benefit.
These measures represent a significant investment by the Government that will improve services and income support to disabled veterans, including both veterans transitioning to the civilian workforce as well as those with injuries preventing them from suitable and gainful employment.
Earlier in the day, Parliamentary Secretary Champagne, together with Jean-Yves Duclos, Minister of Families, Children and Social Development, met with representatives from Bougeotte & Placotine, a centre which specializes in perinatal fitness, to discuss the new Canada Child Benefit. This new benefit will provide nine out of ten Canadian families more money than under the current system to help with the cost of raising their children.
The Parliamentary Secretary noted that the Canada Child Benefit will be simpler, tax-free, better-targeted to those who need it, and much more generous—families benefiting will see an average increase in child benefits of almost $2,300 in the 2016–17 benefit year.
The Canada Child Benefit, as well as the investments in veterans’ benefits, are part of the new Government’s first budget, Growing the Middle Class.
“Canada’s veterans have dedicated their lives to the defence of their country, and they deserve our gratitude, our respect and our support. We have made a solemn promise to support our veterans, and Budget 2016 honours that promise.”
— François-Philippe Champagne, Parliamentary Secretary to the Minister of Finance
Quebec will directly benefit from Budget 2016 in the following ways:
- $2.3 billion more in child benefits during the 2016–17 to 2017–18 period;
- Up to $924 million to upgrade and improve public transit systems;
- Up to $757.8 million to maintain and upgrade federal infrastructure assets in Quebec;
- $280 million in federal tax relief by restoring the Labour-Sponsored Venture Capital Corporations Tax Credit;
- $15.3 million by introducing a Teacher and Early Childhood Educator School Supply Tax Credit; and
- $7.5 million by increasing the Northern Residents Deduction.
Office of the Minister of Finance
Department of Finance