Minister Morneau Highlights the Importance of Indigenous People to Canada’s Shared Economic Prosperity
April 27, 2016 – Vancouver, British Columbia – Department of Finance Canada
Finance Minister Bill Morneau visited with members of the Squamish Nation in North Vancouver today, where he highlighted a significant new $8.4 billion investment through Budget 2016 to expand opportunities for Indigenous peoples and give their children the same opportunities as any other child in Canada.
Minister Morneau outlined the benefits of this historic commitment to invest in Indigenous peoples. These investments will improve education and health care infrastructure, and fund water and wastewater infrastructure projects. For example, the new water treatment and distribution system in the Esk’etemc First Nation will put an end to a 12-year boil water advisory and provide clean drinking water to the community’s public buildings and 118 homes.
Furthermore, Budget 2016 proposes investments to build new, safe, affordable homes, improve the quality of existing affordable housing, and provide training to help secure a better quality of life for Indigenous peoples—contributing to a stronger, more unified, and more prosperous Canada.
Following his visit with members of the Squamish Nation, Minister Morneau will be the guest speaker at a Greater Vancouver Board of Trade event. He will discuss Budget 2016’s support for long-term economic growth and help for the middle class and those working hard to join it. In particular, the Minister will highlight proposed investments in affordable housing initiatives, the reopening of the Kitsilano Coast Guard base, and infrastructure investments to help get people to work and Canadian products to global markets.
“The benefits of Canada’s success and growth have for too long been out of reach for many Canadians, and especially for Indigenous people. Budget 2016 contains long-overdue investments that will provide all Canadians with a real and fair chance to succeed. That’s not only the right thing to do, it’s also the smart thing to do for Canada’s economy.”
- Bill Morneau, Minister of Finance
Office of the Minister of Finance
Department of Finance Canada