It is the Trudeau government’s first federal budget in more than two years and MP for Northumberland-Peterborough South, Philip Lawrence says it feels good to finally have one in place.
Monday (Apr 19) afternoon’s federal budget outlined spending plans to get Canadians through the rest of the pandemic and reveal the government’s goals for a national childcare program: $30 billion over the next five years, and $8.3 billion ongoing for early learning and child care and Indigenous early learning and child care. The plan would aim to see an average drop in fees next year by 50 per cent for preschooler daycare spaces and an average of $10-a-day care by 2026.
MP Lawrence expands.
Finance Minister Chrystia Freeland is also delivered measures to boost the supply of affordable housing and protect the environment: _ $2.5 billion and reallocate $1.3 billion in existing funding in order to help build, repair or support 35,000 housing units.
Lawrence says it’s still not enough.
$2.2 billion was also invested in Canada’s bio-manufacturing and life-sciences sector to rebuild Canada’s national capacity in bio-manufacturing and vaccine development and production.
