The Liberal team is taking action to take the next steps in our plan to make life more affordable, create good middle-class jobs, clean air and a strong economy, and build an economy that benefits all Canadians.
As Pierre Poilievre and his Conservative troops continue to devise reckless strategies that would hurt our economy and our wallets, Justin Trudeau and our Liberal team continue to move Canada forward together.
Take a look at some of the key points of Economic report autumn :
Make life more affordable
Permanently eliminate the accumulation of interest on the federal portion of Canadian student loans and Canadian apprentice loans to give young graduates the best possible start in their professional lives and to build their future.
Making housing more affordable by addressing key prioritieslike the launch of a new tax-free savings account for buying a first home, doubling the tax credit for buying a first home, and taking steps to ensure those selling real estate transactions pay their fair share.
Putting more money in the pockets of Canada’s lowest-paid workers, faster by introducing a new Canadian employee benefit (CWB) that automatically pays in advance each quarter.
Dental care for children under 12 years old Provide $1,300 over two years to families with incomes below $90,000.
Support low-income renters with a $500 top-up payment Granted to almost 1.8 million tenants for whom housing costs are an issue.
Double the GST credit for six months to provide up to $234 more for Canadians living alone, up to $467 more for families, and an average of $225 more for seniors.
Reduce credit card transaction fees for small businesses to help them reduce their overheads and enable them to move forward.
Building an economy that benefits everyone
Ensure clean air and a strong economy B. by launching the Canada Growth Fund to continue to attract private sector investment to reduce our emissions, boost our economy and create good jobs for the middle class.
Make Canada a leader in the carbon neutral economy Introducing significant tax credits for clean technology and clean hydrogen investments, also helping to create good middle-class jobs.
Develop the skills you need to find the jobs of today and tomorrow Helping 15,000 workers improve or acquire new skills to work in a low-carbon economy.
Investing in jobs and workers Development of green skills training courses for 20,000 apprentices and journeymen through the Union’s Training and Innovation Programme.
Helping young Canadians develop the skills needed to find and keep good jobs Supporting internships for youth facing employment challenges, funding 70,000 annual summer internships, and continuing to support internships for First Nations youth.
Welcoming more newcomers to Canada Address labor shortages faster and boost economic growth for the country’s future.
“The Fall Economic Statement released today is focused on building an economy that works for all – an economy that creates good jobs and makes life more affordable for Canadians. »
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