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01 March 2018 Canada issues federal budget 2018-19 On 27 February 2018, Canada's Finance Minister Bill Morneau tabled his third budget (Budget 2018). With a focus on economic growth, job creation and a strong middle class, the Minister pledged to continue building Canada's economy by seeking to create an innovative, inclusive and sustainable economy, and by creating opportunities for the middle class — with the aim of addressing gender-based inequality. In his budget speech, Morneau stated, "The Canadian economy is doing well — remarkably well. Over the last two years, hard-working Canadians have created nearly 600,000 new jobs, most of them full-time. Unemployment rates are near the lowest levels we've seen in over 40 years." "We know there are challenges in the immediate term, and we are responding to those challenges. We know businesses are concerned about the outcome of North American Free Trade Agreement talks, and tax changes in the United States. We will be vigilant in making sure Canada remains the best place to invest, create jobs and do business — and we will do this in a responsible and careful way, letting evidence, and not emotion, guide our decisions. At the same time, we need to stay focused on our long-term goal of building an economy that works for everyone."
Document ID: 2018-5354 |
