Minister Morneau Welcomes Recommendations From the Advisory Council on Economic Growth

October 20, 2016 – Ottawa, Ontario – Department of Finance Canada

Since their first meeting on May 16, 2016, members of the Advisory Council on Economic Growth have been working with the Government to help generate bold and innovative ideas to create and sustain long-term economic growth that benefits the middle class and those working hard to join it.

Today the Council published its first wave of recommendations to the Minister of Finance, which the Government will carefully consider as it continues to implement its plan to build a strong, confident and resilient middle class.

The recommendations will provide important context in the pre-budget planning period and when the Minister introduces his Fall Economic Statement on Tuesday, November 1. That Statement will set the economic stage in advance of Budget 2017, and provide an update on many of the measures implemented over the last year, and how the Government can build on them to keep its momentum going.


"I want to thank the members of the Council for their advice, and for sharing their time, expertise and invaluable perspective with the Government and with all Canadians. A year after forming Government we are as committed as ever to making smart, strategic investments and to making transformative changes that will create good, well-paying jobs and help communities thrive. I look forward to continuing to work with the Council as we continue to strengthen our middle class and grow Canada's economy now and in the future."

- Bill Morneau, Minister of Finance

Quick Facts

The Advisory Council on Economic Growth will continue its work and provide additional recommendations between now and Budget 2017.

The Council’s four areas of focus are:

  1. Capital investment and infrastructure;
  2. Innovation;
  3. Talent and labour markets; and
  4. Competitive markets, including trade.

Associated Links


Annie Donolo
Press Secretary
Office of the Minister of Finance

Media Relations
Department of Finance Canada

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