11.06°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

WorldOct 19, 2026

Landmine Blast, Gunfire Kill 15 in Nigeria, Including 10 Soldiers

At least 15 people, including 10 Nigerian soldiers, were killed in a landmine explosion and gunfire targeting a military convoy in Borno State, Nigeria. The victims also included five members of the Civilian Joint Task Force. Six soldiers were injured in the attack and were taken to hospital. According to reports, soldiers from a battalion in Gamboru were patrolling a road between Gamboru Ngala and neighbouring Cameroon on Saturday when a pickup truck struck a landmine suspected to have been planted by Boko Haram militants. Eight soldiers travelling in the vehicle were killed on the spot. The
amit-shah-likely-to-meet-family-of-parvinder-singh-jhota-during-punjab-visit
IndiaOct 19, 2026

Amit Shah Likely to Meet Family of Parvinder Singh Jhota During Punjab Visit

Union Home Minister Amit Shah is likely to meet the family of Parvinder Singh Jhota in Mansa during his scheduled Punjab visit on October 20. Jhota had raised his voice against drug abuse in Punjab, and his death has sparked demands for justice. Discussions are ongoing over the response of the Justice Committee and various groups to Shah’s visit. The committee had announced its decision to oppose the visit. However, Bhim Singh, Jhota’s father, has appealed to people not to oppose the Union Home Minister. Ahead of Shah’s visit, he urged various groups to prioritize the family’s demand f
canadas-annual-inflation-rate-rises-to-3-1-in-september
CanadaOct 19, 2026

Canada’s Annual Inflation Rate Rises to 3.1% in September

Canada’s annual inflation rate rose to 3.1 per cent in September, slightly exceeding the Bank of Canada’s upper target limit of 3 per cent. Inflation had remained steady at 3 per cent in August. According to a report released by Statistics Canada on Monday, higher gasoline and diesel prices were the main contributors to the increase in inflation last month. Food prices also rose, although the pace of growth was slower than in the previous month. Statistics Canada reported that grocery prices increased by 1.7 per cent year over year in September, down from 2.8 per cent in August. This marke
AlbertaOct 19, 2026

Alberta Votes in Historic Referendum on Separation from Canada

Albertans are voting today in a historic referendum that will determine whether the province should begin a legal process and formal voting on separating from Canada in the future. Around 1.3 million Albertans have already cast their ballots through mail-in voting or advance polls. Premier Danielle Smith has voted in favour of Alberta remaining part of Canada. The ballot paper contains 10 questions. Nine relate to immigration, constitutional issues and demands for greater provincial powers from the federal government, while the 10th concerns separation from Canada. Last week, Prime Minister Ma
four-canadian-soldiers-killed-in-explosion-at-alberta-military-training-base
FeaturedOct 19, 2026

Four Canadian Soldiers Killed in Explosion at Alberta Military Training Base

Four Canadian Armed Forces personnel were killed in an explosion following a wildfire at the Wainwright military training base in Alberta on Saturday, while 39 other soldiers suffered serious burn injuries. Nineteen of the injured remain in critical condition. Military officials acknowledged that they had been aware of the fire but initially did not consider it a threat, as it was approximately one kilometre away and appeared to be under control. Live-fire training was therefore allowed to continue. However, strong gusts of wind suddenly changed the fire’s direction in the evening, allowing

Related News