19.72°C Vancouver

Apr 19, 2021 9:29 PM -

Federal Budget 2021: Highlights from Chrystia Freeland's speech and reaction

Share On
federal-budget-2021-highlights-from-chrystia-freelands-speech-and-reaction
Prime Minister Justin Trudeau looks on as Deputy Prime Minister and Finance Minister Chrystia Freeland responds to a question during a news conference on Parliament Hill in Ottawa, Tuesday, Aug. 18, 2020. THE CANADIAN PRESS/Adrian Wyld

Highlights from the federal Liberal budget tabled Monday by Finance Minister Chrystia Freeland:

$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.

$3 billion over five years, starting in 2022-23, to Health Canada to support provinces and territories in improving standards for long-term care. The government says this funding will keep seniors safe and improve their quality of life.

$2.2 billion in Canada's bio-manufacturing and life-sciences sector to rebuild Canada's national capacity in bio-manufacturing and vaccine development and production.

Introducing legislation to establish a federal minimum wage of $15 per hour, rising with inflation, with provisions to ensure that where provincial or territorial minimum wages are higher, that wage will prevail.

A new Canada Recovery Hiring Program to provide eligible employers with a subsidy of up to 50 per cent on the incremental remuneration paid to eligible employees between June 6 and November 20.

The program will provide $595 million to make it easier for businesses to hire back laid-off workers or to bring in new ones.

$17.6 billion towards a green recovery to create jobs, build a clean economy, and fight and protect against climate change.

$1 billion over six years, starting in 2021-22, to the Universal Broadband Fund to support a more rapid rollout of broadband projects in collaboration with provinces and territories and other partners.

$18 billion over the next five years to try to narrow the socio-economic gap between Indigenous and non-Indigenous people, including $6 billion for infrastructure in Indigenous communities, and $2.2 billion to help end the tragedy of missing and murdered Indigenous women and girls.

$2.5 billion and reallocate $1.3 billion in existing funding in order to help build, repair or support 35,000 housing units.

Introduce Canada's first national tax on vacant property owned by non-residents.

Introducing a new tax on the sales, for personal use, of luxury cars and personal aircraft with a retail sales price over $100,000, and boats, for personal use, over $250,000.

Includes $100 million in new spending over the next three years.

Records a $155 billion deficit for 2021-22.

Latest news

BCJul 10, 2026

B.C. to add 132 involuntary care beds in Surrey and Prince George

The British Columbia government has announced plans to open new involuntary care facilities in Surrey and Prince George for people living with severe mental illness, substance-use disorders and brain injuries. According to the provincial government, the renovated facilities will add a total of 132 new beds, including 60 at a new involuntary care centre in Surrey. The expansion is intended to provide specialized treatment and care for people who require intensive support. Premier David Eby said the new facilities are designed to help people stabilize and rebuild their lives during periods of ac
channi-bajwa-among-senior-congress-leaders-to-meet-bhupesh-baghel
IndiaJul 10, 2026

Channi, Bajwa among senior Congress leaders to meet Bhupesh Baghel

Former Punjab chief minister Charanjit Singh Channi and several senior Congress leaders are scheduled to meet Punjab Congress in-charge Bhupesh Baghel on Saturday as the party continues its organisational preparations ahead of the 2027 Punjab Assembly election. Channi confirmed the meeting in a social media post, stating that senior Congress leader and MLA Rana Gurjeet Singh will host the gathering at his residence. According to Channi, the meeting will focus on various organisational matters related to the party. According to available information, former deputy chief minister Sukhjinder Sing
maninder-sidhu-announces-india-trade-mission-to-lead-team-canada-delegation
BCJul 10, 2026

Maninder Sidhu announces India trade mission, to lead Team Canada delegation

Canada's Minister of International Trade, Maninder Sidhu, has announced that he will lead a Team Canada Trade Mission to India from Oct. 12 to 17. According to the federal government, the mission is aimed at strengthening bilateral trade and economic ties while creating new opportunities for Canadian businesses in the Indian market. Sidhu said Canada and India currently share approximately $31 billion in two-way trade. He said the federal government's goal is to double that figure by 2030. He added that India remains one of the world's fastest-growing major economies, offering significant oppo
saskatchewan-man-sentenced-in-cbsa-immigration-fraud-investigation
BCJul 10, 2026

Saskatchewan man sentenced in CBSA immigration fraud investigation

A Saskatchewan man has been sentenced to a conditional sentence of two years less a day after a Canada Border Services Agency (CBSA) investigation into an immigration fraud scheme. According to a CBSA news release issued Friday, Balvir Singh was also ordered to pay a $10,000 fine. The agency said the investigation began in 2018 after border services officers across Canada noticed an unusually high number of immigration applications connected to a Saskatoon-based non-profit organization. The CBSA, working with the Government of Saskatchewan, said investigators identified foreign nationals who e
CanadaJul 10, 2026

West Vancouver's Gurinder Singh Deo arrested in France

West Vancouver resident Gurinder Singh Deo has been arrested in France, the RCMP's Pacific Region Federal Policing confirmed. Police said the 40-year-old is currently in custody in France while legal proceedings are underway to extradite him to the United States. According to the RCMP, Deo was identified in the recent joint FBI and RCMP investigation known as Operation Hard Ball. U.S. authorities have charged him in connection with a drug trafficking case, alleging he helped facilitate the movement of narcotics into Southern California through alleged links to the Jaggu Bhagwanpuria gang. U.S.

Related News