19.36°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

rcmp-warn-western-canada-trucking-businesses-about-credit-card-fraud-scheme
CanadaAug 06, 2026

RCMP warn Western Canada trucking businesses about credit card fraud scheme

The Saskatchewan RCMP is warning trucking and transportation-related businesses across Western Canada about a credit card fraud scheme targeting commercial suppliers. According to an RCMP news release, suspects are contacting businesses by phone and using fraudulent credit cards to purchase truck tires, engine oil, trailer parts and other high-value items. Police say the fraud typically begins with a phone order and payment by credit card. The initial transaction may appear as approved or pending, prompting businesses to ship the goods by courier. After the shipment is delivered, the credit ca
rustad-criticizes-b-c-premiers-public-response-as-wildfire-evacuations-continue
BCAug 06, 2026

Rustad criticizes B.C. premier's public response as wildfire evacuations continue

B.C. Conservative Leader John Rustad has criticized Premier David Eby over his public response as thousands of people across British Columbia remain under evacuation orders because of ongoing wildfires. Rustad said it was unacceptable that the premier had not addressed the public while many residents remain displaced and families are uncertain whether their homes have survived. He described the situation as a failure of leadership, saying people affected by the fires expect clear answers and support from the province's top elected official. According to statements released by the B.C. Conserva
modi-netanyahu-discuss-west-asia-developments-in-phone-call
IndiaAug 06, 2026

Modi, Netanyahu discuss West Asia developments in phone call

Indian Prime Minister Narendra Modi and Israeli Prime Minister Benjamin Netanyahu spoke by telephone on Thursday to discuss recent developments in West Asia and the current regional situation. According to information released by Indian authorities, the two leaders also reviewed ongoing cooperation under the India–Israel Strategic Partnership. They reaffirmed their commitment to strengthening bilateral cooperation across multiple sectors. The conversation comes as both countries continue regular high-level engagement on regional and bilateral issues. Prime Minister Modi last spoke with Netan
toronto-police-arrest-two-youths-in-second-shooting-at-u-s-consulate
CanadaAug 06, 2026

Toronto police arrest two youths in second shooting at U.S. Consulate

Toronto Police say they have arrested two youths in connection with the second recent shooting targeting the United States Consulate in Toronto, including one suspect who is 15 years old. Speaking at a news conference Thursday, Toronto Police Chief Myron Demkiw said the arrests relate to the July 27 shooting. The two suspects are facing multiple charges, including allegedly breaching court-ordered release conditions. Police have not released their identities because of legal restrictions, including provisions that protect the identity of young persons. According to Toronto Police, investigator
metro-vancouver-wildfire-triggers-evacuation-alert-as-fraser-canyon-residents-begin-returning-home
BCAug 06, 2026

Metro Vancouver wildfire triggers evacuation alert as Fraser Canyon residents begin returning home

An evacuation alert has been issued for 35 properties in the Village of Anmore after a wildfire burning in Belcarra Regional Park raised concerns about potential risk to nearby homes, according to local officials. The Village of Anmore said residents covered by the alert should prepare essential belongings and be ready to leave on short notice if conditions change. Acting Mayor Doug Richardson said municipal staff are working to support affected residents as needed. Elsewhere in British Columbia, some residents displaced by wildfires in the Fraser Canyon are beginning to return after evacuatio

Related News