This week, Alaina Lockhart, Member of Parliament for Fundy Royal, was in Ottawa for the release of Budget 2018, a plan that puts people first, that invests in Canadians and the things that matter most to them. This budget is a plan that builds on the hard work of Canadians, while staying focused on our long-term goal of building an economy that works for everyone.
Through Budget 2018, the Government is taking the next steps towards building an equal, competitive, sustainable, and fair Canada—focused on Canada’s future and the things that truly matter to Canadians. These investments will protect our environment, support a sustainable low-carbon economy, and promote equality and prosperity for those who need it most at home and around the world.
Budget 2018 further builds on historic investments included in previous federal budgets and includes the following proposals that will have a direct impact on the people of Fundy Royal.
Jobs, Workers, and Economic Growth
- Put more money in the pockets of those who need it the most, by introducing the Canada Workers Benefit, a stronger and more accessible benefit that will replace the Working Income Tax Benefit. The CWB will encourage more people to join the workforce, and offer real help to more than two million Canadians who are working hard to join the middle class, while raising around 70,000 Canadians out of poverty.
- Protecting local forestry jobs by taking proactive action and preventing the spread of spruce budworm, the Government proposes to take action alongside Atlantic provinces and the forest industry, and make available up to $74.75 million over five years, starting in 2018-19, based on a 60:40 federal to provincial and industry cost sharing basis.
- Supporting seasonal workers who have exhausted their EI benefits by providing $80 million in 2018-19 and $150 million in 2019-20 through Labour Market Development Agreements with key provinces to co-develop and test local solutions to support workforce development. Employment and Social Development Canada will also reallocate $10 million from existing departmental resources in 2018-19 to provide income support and training to seasonal workers.
- Expanding fisheries operations and the increasing size of fishing vessels require deeper and wider harbours is key to protecting jobs in fisheries. Budget 2018 proposes to provide $250 million on a cash basis over two years, starting in 2018–19, to Fisheries and Oceans Canada to renew its network of small craft harbours.
- Supporting local businesses with an additional $48 million for the Atlantic Canada Opportunities Agency to support the Innovation and Skills Plan.
- Helping young Canadians gain the skills, work experience, and job opportunities they need to find and maintain good, permanent employment by providing up to $448.5 million over five years, starting in 2018-19, to Employment and Social Development Canada to enhance the Youth Employment Strategy.
- Increasing support for women-led businesses under a new Women Entrepreneurship Strategy by, among other actions, making available $1.65 billion over three years in new financing for women entrepreneurs, and providing $105 million to the regional development agencies over five years to deliver nationally coordinated and regionally tailored support for women entrepreneurs.
- Introducing a new Employment Insurance Parental Sharing Benefit that will provide up to five additional weeks of Employment Insurance parental benefits when parents—including adoptive and same-sex couples—agree to share parental leave.
- Introducing proactive pay equity legislation and invest $3 million over five years to support pay transparency requirements for federally regulated sectors.
Upholding Shared Values
- Provide $75 million in 2018-19 through the Public Health Agency of Canada to support the Healthy Seniors Pilot Project in New Brunswick. The Healthy Seniors Pilot Project will support a range of research initiatives to examine how governments can better support seniors in their home, communities and care facilities. This project will help us better understand the gendered impacts of an aging population, improve the quality of life for our senior citizens, and help us lay the groundwork for the dissemination of best practices in supporting healthy aging for all Canadians.
- Expansion of the Medical Expense Tax Credit to include costs for psychiatric service dogs, for the 2018 and future tax years, in recognition of the role they can play in helping Canadians cope with conditions like post-traumatic stress disorder.
- $42.8 million to improve service delivery capacity at Veterans Affairs Canada to ensure veterans get the benefits and services they need and deserve in a timely manner.
- Make an historic $1.3 billion investment to protect Canada’s nature, parks and wild spaces, so that future generations of Canadians can continue to hike in our forests and swim in our lakes.
- $20 million over five years, starting in 2018-19, and $4 million annually on an ongoing basis to support community-based projects that address the challenges of dementia, with a focus on senior women.
- The creation of an Advisory Council on the Implementation of National Pharmacare which will conduct an economic and social assessment of domestic and international models and will recommend options on how to move forward on this important subject.
With equality of opportunity as a guiding principle, Budget 2018 takes the next steps in the Government’s plan to create good, well-paying jobs, improve lives and grow the economy for all Canadians.
“Whether it’s helping more women re-enter the workforce and ensuring equal pay for work of equal value, helping families with the cost of raising their kids, or giving extra help to low-income workers, Budget 2018 makes smart investments that will give more people a real and fair chance at success, and build a stronger economy.”Alaina LockhartMember of Parliament for Fundy Royal
- Budget Plan
- Budget Speech
- Fact Sheets
- Backgrounder: Gender Equality and a Strong Middle Class
- Backgrounder: Supporting Researchers to Build a More Innovative Canadian Economy
- Backgrounder: Protecting Canada’s Natural Beauty
- Backgrounder: Strengthening the Canada Child Benefit
- Backgrounder: Introducing the Canada Workers Benefit
- Backgrounder: Canada’s New Parental Sharing Benefit
- Backgrounder: Pay Equity: Empowering Women for a Strong Middle Class
- Backgrounder: More Jobs, a Growing Economy, and a Stronger Middle Class
- Backgrounder: Tax Fairness for the Middle Class and Opportunity for All Canadians