Minister Morneau Receives Strong Support From International Financial Leaders for Canada’s Plan for Long-Term Growth for the Middle Class

April 2, 2016 – London, United Kingdom – Department of Finance

Finance Minister Bill Morneau today concluded his international post-budget visit to New York City, Paris and London, where he received strong support from the international business and financial communities for Canada’s approach to revitalizing the Canadian economy. 

The Minister highlighted key measures from Budget 2016—the cornerstone of which is to grow the middle class by making smart investments in infrastructure, providing more generous and better targeted support for families through a new Canada Child Benefit, making post-secondary education more affordable, and improving the Employment Insurance program.

Minister Morneau shared the Government’s views on enhancing the resilience and stability of the global economy, in line with its plan to rebuild its international influence and support greater international cooperation.

In New York City, Minister Morneau spoke at a luncheon hosted by the Canadian Association of New York. He outlined the Government’s vision to make Canada a global innovation leader by improving opportunities for the country’s creative entrepreneurs, and encouraging innovative companies to grow their businesses and enter global markets.

In Paris, Minister Morneau attended the G20 High-Level Seminar on the International Financial Architecture. He emphasized the need for the global economic system to remain adaptive to a changing world.

In London, Minister Morneau spoke at the Thomson Reuters Newsmakers Outreach Event. He also addressed a business audience at Canada House, and met with representatives of Canadian banks and pension funds.

Quote

“The international community has expressed strong support for Canada’s plan to invest in and grow the economy for the middle class and those working hard to join it. There has never been a better time to invest in Canada. With a low debt burden and low interest rates, investing in families and the economy today will translate into a stronger economy and greater prosperity over the long term.” 

- Bill Morneau, Minister of Finance

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