Budget 2017: Building a Strong Middle Class in Markham
May 24, 2017 – Markham, Ontario – Department of Finance Canada
Budget 2017 is the next step in the Government's ambitious plan to make smart investments that will create jobs, grow our economy, and provide more opportunities for the middle class and those working hard to join it. It is a plan that brings hope and optimism back to the middle class, by investing in our people, our communities and our economy.
Today, Parliamentary Secretary to the Minister of Finance Ginette Petitpas Taylor held a roundtable discussion with local business leaders, technology representatives and health care providers at the Milliken Mills Community Centre in Markham, where she highlighted Budget 2017 measures.
She emphasized the need for efficient public transit to help Canadians get to and from their jobs faster, better social infrastructure to make communities great places to live in, and investments that make Canada a world-leading innovation economy to create jobs and grow the middle class.
She also highlighted new transformational investments in home care and mental health care, which will provide $6 billion over 10 years for home care, and $5 billion over 10 years to support mental health initiatives. These investments will make Canada's health care system more responsive to the needs and expectations of all Canadians, and begin to close gaps in the availability of care.
Budget 2017 support for Ontario includes:
- Supporting trade and transportation corridor projects that will help Canadians get their products to markets across Canada and around the world, through an investment of $10.1 billion over 11 years.
- Providing more than $11.2 billion over 11 years for a National Housing Strategy to help ensure that Canadians have affordable housing that meets their needs. Of the total funding, $3.2 billion will be provided to provinces and territories to support key priorities for affordable housing.
- Investing an additional $4.2 billion for Ontario over the next 10 years for home care, and to support mental health initiatives.
- Simplifying the existing system of tax relief for caregivers by replacing three existing tax credits with a single new Canada Caregiver Credit—providing $134.5 million in additional tax relief to caregivers in Ontario over the 2016–17 to 2021–22 period.
"The Government firmly believes that the only way we can craft the policies of the future is by listening to Canadians and by understanding their needs and aspirations. That is why today's roundtable was so important. We want to ensure that Canadians are benefiting from our ambitious plan to grow the economy, strengthen the middle class and help our most vulnerable."
- Ginette Petitpas Taylor, Parliamentary Secretary to the Minister of Finance
Media may contact:
Office of the Parliamentary Secretary to the Minister of Finance
Department of Finance Canada