A strong economy starts with a strong middle class and a responsible fiscal plan. For the last four years, government investments combined with the hard work of Canadians have helped create more than a million new jobs-driving continued economic growth and creating new opportunities for people to succeed.
Today, Parliamentary Secretary to the Minister of Finance and to the Minister of Middle Class Prosperity and Associate Minister of Finance, Sean Fraser, was in Masstown, Nova Scotia, to continue the Government of Canada’s consultations for Budget 2020. The Parliamentary Secretary joined the local Member of Parliament, Lenore Zann, for a roundtable discussion with local business and not-for-profit leaders to talk about investments to help grow the economy, create more good, well-paying jobs, and ensure everyone has a real and fair chance at success.
The consultations focused on strengthening the middle class, growing the economy, fighting climate change, keeping Canadians safe and healthy, and continuing the work towards reconciliation with Indigenous Peoples.
Parliamentary Secretary Fraser also discussed the government’s proposal to make life more affordable. By increasing the amount of money that Canadians can earn before paying federal income tax to $15,000 by 2023, the government will be giving tax relief to close to 20 million Canadians. When fully implemented individuals could save close to $300 a year and families, including single parent families, could save nearly $600 every year. With more money in their pockets, Canadians can continue to invest in their families and communities.
Parliamentary Secretary Fraser invites all Canadians to contribute their ideas on how the government can continue to build an economy that works for everyone. Visit the Your Budget website. The consultations close on February 21, 2020.
“Canada’s economy is strong but we know there’s always more work to do to make sure everyone benefits. Consultations let us hear ideas straight from Canadians on how to make life more affordable, protect the environment, and improve our health and safety. We welcome everyone’s ideas on how to build a healthier and more prosperous future for our children and grandchildren.”
– Sean Fraser, Parliamentary Secretary to the Minister of Finance and to the Minister of Middle Class Prosperity and Associate Minister of Finance