$2.5 million for the Building Business Program to support jobs, growth, recovery, and building businesses to create an economy that works for everyone - creating 112 jobs and maintaining 700 more
November 10, 2022 - Winnipeg, Manitoba - PrairiesCan
Investing in Canadians, means investing in a future that benefits everyone. The Government of Canada continues to work with local businesses and other partners to create good jobs and grow an economy that will make Canada more sustainable and prosperous for generations to come.
In the recent 2022 Fall Economic Statement, the Government of Canada outlined its plan to continue growing the economy and to be there for Canadians. To help families cope with increasing costs, the federal government is delivering targeted support to Canadians who need it the most and build an economy that works for everyone.
Today, while visiting Bison Books in Winnipeg, Manitoba, Minister Dan Vandal, Minister for PrairiesCan, highlighted how the government's plan will help Manitobans. He also announced a $2.5 million federal investment to the Downtown Winnipeg Business Improvement Zone for the Building Business Program, through the Jobs and Growth Fund. This program, in collaboration with numerous downtown partners, will help businesses expand and thrive in downtown Winnipeg, supporting growth and recovery, which are at the heart of the Fall Economic Statement.
Measures proposed and highlighted in the 2022 Fall Economic Statement include:
- Launching the new Canada Growth Fund, which will help bring to Canada the billions of dollars in new private investment required to reduce our emissions, grow our economy, and create good jobs.
- Cutting taxes for Canada's growing small businesses from 15 per cent to 9 per cent by more gradually phasing out their access to the small business tax rate.
- Working with credit card companies to lower fees, leaving more money for small businesses.
- Creating the Sustainable Jobs Training Centre and investing in a new sustainable jobs stream of the Union Training and Innovation Program to equip workers with the skills required for the good jobs of today and the future.
