Minister Morneau and Mayor Crombie Meet to Help Mississauga Families and Grow the Local Economy
May 6, 2016 – Mississauga, Ontario – Department of Finance Canada
Finance Minister Bill Morneau today met with Mississauga Mayor Bonnie Crombie to discuss their shared priorities, including investments in public transit and infrastructure, that will improve the lives of families living in Mississauga. They were joined by Minister of Innovation, Science and Economic Development Navdeep Bains.
Minister Morneau highlighted measures contained in Budget 2016 designed to help families with children. With the Canada Child Benefit, nine out of ten families will receive more money—$2,300 more on average—and hundreds of thousands of children will be lifted out of poverty. This is money directly in the pockets of mom and dad that can be used for everything from signing up their children for soccer camp, shopping for healthier food, or buying summer clothes.
Families also rely on public transit to get to work or school on time and get back home after a long day. To help shorten commute times, cut air pollution, strengthen communities and grow Canada’s economy, Budget 2016 proposes to invest up to $3.4 billion in public transit over three years, through a new Public Transit Infrastructure Fund. Ontario municipalities, including Mississauga, will benefit from almost $1.5 billion of this new funding.
These investments are part of the Government’s historic plan to invest more than $120 billion in infrastructure over 10 years. This includes billions more for social infrastructure, including affordable housing, early learning and child care, and cultural and recreational infrastructure. These investments will be made in collaboration with provinces and municipalities, so that the communities’ needs come first.
Following a very productive meeting, Minister Morneau, Minister Bains and Mayor Crombie took part in a tour of the Therapure Biopharma facility, an innovative biologics and biomanufacturing company in Mississauga.
"Today's meeting with Mayor Crombie was a great opportunity for us to discuss how we can work together with cities like Mississauga to help middle class families. Investments in public transit and community infrastructure not only sustain and grow the economy long-term, they also help dad get home for his daughter's soccer game, reduce emissions and lead to a better quality of life for everyone. Over the next 10 years, our government will make historic investments in infrastructure to improve public transit, reduce traffic, create and repair affordable housing, and much more."
- Bill Morneau, Minister of Finance
"Today's meetings with Finance Minister Morneau were an important opportunity to discuss the Trudeau government's 2016 federal budget, which is a bold plan that will position Canada's municipalities to grow, prosper and secure important funding to invest in transit, infrastructure and ultimately, ignite economic development. Serious, smart, dedicated and long-term funding for local priorities will grow our national economy and Budget 2016 presents an opportunity to make both short and long-term investments. I thank the Minister for making Mississauga a priority and for making our city one of his first stops on his post-budget tour."
- Bonnie Crombie, Mayor of Mississauga
Office of the Minister of Finance
Department of Finance Canada