5.79°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

surrey-driver-loses-lamborghini-after-alleged-197-km-h-speed-on-alex-fraser-bridge
BCFeb 06, 2026

Surrey driver loses Lamborghini after alleged 197 km/h speed on Alex Fraser Bridge

A Surrey man is facing steep fines, a vehicle impound, and long-term insurance penalties after police allege he was travelling at nearly three times the posted speed limit on the Alex Fraser Bridge earlier this week. BC Highway Patrol says officers observed a Lamborghini SUV moving significantly faster than surrounding traffic just after 8:00 p.m. on February 4. Using a laser speed reader, police clocked the vehicle at 197 kilometres per hour in a 70 kilometre per hour zone while it was heading northbound over the Delta span. Police say the 51-year-old driver was issued multiple violation tick
federal-government-tightens-return-to-office-rules-for-public-servants
CanadaFeb 06, 2026

Federal government tightens return-to-office rules for public servants

The federal government under Prime Minister Mark Carney has issued updated return-to-office requirements that will see most public servants spending more time working on-site each week. According to a notice from the Treasury Board, the changes will be introduced in phases. Executives will be required to work from the office five days a week starting May 4, while all other federal employees must report to the workplace at least four days per week beginning July 6. At present, most federal workers are required to be in the office three days a week under a hybrid work policy that came into effec
canada-records-job-losses-in-january-as-labour-market-shows-new-signs-of-strain
CanadaFeb 06, 2026

Canada records job losses in January as labour market shows new signs of strain

Canada’s economy took a step backward in January as the country recorded a net loss of about 25,000 jobs, according to the latest Labour Force Survey released by Statistics Canada. The decline marks the first monthly drop in employment since late summer and signals renewed pressure in key sectors tied to trade and construction. The manufacturing and construction industries experienced the sharpest losses, with economists pointing to ongoing trade uncertainty and U.S. tariff pressures as contributing factors. Private-sector employment and part-time work were particularly affected, while women
AlbertaFeb 06, 2026

TSB sending investigators after CN train derailment west of Edmonton

Federal transportation investigators are heading to central Alberta to examine a Canadian National Railway derailment that sent dozens of rail cars off the tracks west of Edmonton. The Transportation Safety Board of Canada confirmed it is deploying a team after 37 loaded train cars derailed Thursday near the hamlet of Wildwood, roughly 110 kilometres west of the provincial capital. The site is along a CN main line that carries a mix of freight through rural communities in the region. CN spokesperson Ashley Michnowski said preliminary information indicates the cars were loaded, but the company
AlbertaFeb 06, 2026

Airdrie youth hockey team honours junior players killed in Alberta highway crash

A youth hockey team from Airdrie is paying tribute to three junior players who died in a highway collision in southern Alberta by wearing and sharing memorial stickers during an upcoming tournament. The under-13 AA Airdrie Lightning team will place the stickers on their helmets and hand them out to opposing teams while competing in Regina this week. The stickers feature the jersey numbers of the players and the logo of the Southern Alberta Mustangs, the junior team the victims played for. The initiative was organized by a Lightning parent who ordered close to 100 stickers with the goal of keep

Related News