Minister of Finance in Vancouver for Town Hall on Budget 2017 and Fall Economic Statement
November 3, 2016 – Vancouver, British Columbia – Department of Finance Canada
With its Fall Economic Statement, the Government of Canada has taken the next steps in its plan to make smart and necessary investments to strengthen the middle class and position Canada for success in the global economy of tomorrow. Looking ahead to the next budget, ongoing consultations are helping inform the Government’s approach to ensuring that the long-term growth we create is shared with the middle class, and those working hard to join it.
As part of pre-budget consultations, Minister of Finance Bill Morneau stopped in Vancouver for a Facebook Live discussion with Canadians on how to spur long-term economic growth and create good, well-paying jobs for Canadians. Minister Morneau also spoke about the Fall Economic Statement’s focus on making unprecedented investments in infrastructure, attracting investment to Canada and ensuring high-growth companies have what it takes to succeed. He highlighted investments of over $180 billion over 11 years, to help communities like Vancouver and Surrey fund transit projects such as the Broadway subway project and the South of Fraser Rapid Transit project, ensure cleaner air and water, and foster better neighbourhoods.
Minister Morneau and Parliamentary Secretary to the Minister of Finance François-Philippe Champagne will continue listening to input and ideas from Canadians as part of pre-budget consultations, to bring forward the best ideas our country has to offer to ensure a strong, confident and more resilient middle class.
All Canadians are invited to submit their ideas online and via Twitter, using the hashtag #Budget2017.
“The Government is acting on its plan to create jobs, grow the middle class and help those working hard to join it. We want to improve Canadians’ quality of life, make environmentally responsible choices, and build an economy that gives all citizens the best chance to succeed today, and for their kids and grandkids in the future. This is our vision for Canada.”
- Bill Morneau, Minister of Finance
Measures in the Government’s Fall Economic Statement include:
- Investing an additional $81 billion in public transit, green and social infrastructure, transportation infrastructure that supports trade, and rural and northern communities to bring Canadians good jobs, a cleaner environment and thriving communities for years to come;
- Creating a Global Skills Strategy to attract global investment and talent, supported by improvements to Canada’s immigration system;
- Creating the Invest in Canada Hub, staffed with a dedicated high-impact sales force to promote Canada, and to work with global companies to increase investment that will benefit Canadians; and
- Strengthening the independence of Statistics Canada and the Parliamentary Budget Officer to provide fair and unbiased advice and make government more open and transparent.
- Budget 2017 Consultations
- Fall Economic Statement 2016
- Minister Morneau Updates Plan for Middle Class Progress
Media may contact
Office of the Minister of Finance
Department of Finance Canada