5.58°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

danielle-smith-defends-proposal-to-redraw-alberta-electoral-boundaries
AlbertaNov 03, 2026

Danielle Smith Defends Proposal to Redraw Alberta Electoral Boundaries

Alberta Premier Danielle Smith has strongly defended a proposal to redraw the province’s electoral boundaries, which the Opposition NDP has described as fraudulent. A report released Monday proposes splitting Lethbridge’s two existing ridings into four. Under the proposal, one riding would be entirely urban, while the other three would combine parts of the city with neighbouring rural communities. Smith said such hybrid ridings are already an accepted practice and are working well in other parts of the province. “I think Lethbridge will be very well served by having four representatives,
CanadaNov 03, 2026

Final Arguments Conclude in $22M Pearson Airport Gold Heist Trial

Final arguments have been completed in the trial of former Air Canada employee Parmpal Sidhu, who is accused of being involved in the largest gold heist in Canadian history at Toronto Pearson International Airport in 2023. The case is now in the hands of the judge, who is expected to deliver a verdict in late January 2027. Prosecutors argued in court that Sidhu played a key role in the alleged conspiracy by preparing fraudulent waybills to release more than $22 million worth of gold and currency. However, the defence lawyer rejected the allegations, arguing that Sidhu was framed by Simranpreet
CanadaNov 03, 2026

Canada’s Agriculture Minister Visits China to Strengthen Agricultural Trade Ties

Canada’s Minister of Agriculture and Agri-Food, Heath MacDonald, is currently visiting China, where he is meeting with Chinese government and industry officials to advance Canada’s agricultural trade interests. During the visit, MacDonald will attend the China International Import Expo, taking place in Shanghai from November 5 to 10. Notably, Canada has been named the Guest Country of Honour at this year’s event, providing an opportunity for Canadian businesses to expand their presence in the Chinese market and promote Canadian products. International Trade Minister Maninder Sidhu and pr
trump-says-us-to-end-annual-military-aid-to-israel-after-2026
WorldNov 03, 2026

Trump Says US to End Annual Military Aid to Israel After 2026

U.S. President Donald Trump said Tuesday that he has reached an agreement with Israeli Prime Minister Benjamin Netanyahu to end annual American military aid to Israel after this year, saying the country no longer needs the assistance. Trump said the United States currently provides Israel with $4 billion in military aid annually and that the two leaders had agreed several months ago to phase out the funding. He also accused some Democratic and left-wing leaders of using the issue of U.S. funding to criticize the Republican Party. However, Trump emphasized that the United States would still hel
CanadaNov 03, 2026

Crown Seeks 14-Year Prison Sentence for Winnipeg Truck Driver in $1M Cocaine Case

The Crown has requested a 14-year prison sentence for 36-year-old Winnipeg truck driver Harpreet Singh in connection with a cocaine seizure worth nearly $1 million at Ontario’s Ambassador Bridge in 2022. The sentencing request was made in a Windsor court. The incident dates back to August 1, 2022. At approximately 1:23 a.m., Canada Border Services Agency (CBSA) officers stopped two truck drivers, Harpreet Singh and Narinder Singh, for inspection. The two drivers were transporting a shipment of hot tubs from Arizona to Hamilton under a job assigned by a Winnipeg-based transportation company.

Related News