11.28°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

trump-to-meet-colombian-president-petro-at-white-house-amid-drug-trafficking-concerns
WorldFeb 03, 2026

Trump to Meet Colombian President Petro at White House Amid Drug Trafficking Concerns

U.S. President Donald Trump is scheduled to meet Colombian President Gustavo Petro at the White House on Tuesday. The meeting comes weeks after Trump threatened military action against Colombia over issues related to drug trafficking. On Monday, Trump indicated that Petro appears willing to cooperate with U.S. authorities to curb illegal drug shipments originating from Colombia. Officials say the discussions during the visit are expected to focus on regional security collaboration and efforts to accelerate anti-drug initiatives. Petro and Trump have also voiced ongoing criticism of Venezuelan
BCFeb 03, 2026

Pedestrian seriously injured in North Vancouver hit-and-run, RCMP seek public help

North Vancouver RCMP are asking the public to help identify a driver involved in a hit-and-run collision that left a pedestrian seriously injured. Police say the incident occurred on January 31 at around 7:30 p.m. at the intersection of Highland Boulevard and Wavertree Road. A man and a woman were crossing the street in a marked crosswalk when they were struck by a white sedan. Investigators allege the vehicle slowed briefly after the collision before leaving the scene. The female pedestrian suffered serious but non-life-threatening injuries and was transported to hospital. The male pedestrian
stephen-harpers-official-prime-ministerial-portrait-to-be-unveiled-in-ottawa
CanadaFeb 03, 2026

Stephen Harper’s official prime ministerial portrait to be unveiled in Ottawa

Canada’s former prime minister Stephen Harper will have his official portrait unveiled today during a formal ceremony in downtown Ottawa, marking nearly two decades since his first Conservative government was elected. The unveiling is scheduled to take place at the Sir John A. Macdonald Building and comes ahead of the 20th anniversary of the 2006 federal election that brought Harper to power. The portrait was painted by Canadian artist Phil Richards, whose previous work includes the Diamond Jubilee Portrait of Queen Elizabeth II. Harper served as prime minister from February 2006 until Novem
bikram-singh-majithia-released-from-jail-after-bail-in-disproportionate-assets-case
IndiaFeb 03, 2026

Bikram Singh Majithia released from jail after bail in disproportionate assets case

Senior Shiromani Akali Dal leader and former Punjab minister Bikram Singh Majithia was released from jail on Tuesday, a day after being granted bail in a disproportionate assets case. His release has once again brought political tensions in Punjab into sharp focus. Speaking to reporters after walking out of jail, Majithia strongly criticized the Aam Aadmi Party led Punjab government, alleging that it had targeted him for political reasons. He claimed the government did not want him to come out alive and said he would continue his political fight without fear or compromise. Majithia also thanke
junior-hockey-community-mourns-three-southern-alberta-players-killed-in-highway-crash
FeaturedFeb 03, 2026

Junior hockey community mourns three Southern Alberta players killed in highway crash

The junior hockey community across western Canada is mourning the loss of three young players who were killed in a vehicle collision in southern Alberta while travelling to practice. RCMP say the crash happened Monday in the community of Stavely, about an hour south of Calgary, involving a passenger vehicle and a semi truck. Police have confirmed that JJ Wright, Cameron Casorso and Caden Fine, members of the Southern Alberta Mustangs junior hockey program, died as a result of the collision. The investigation remains ongoing. Tributes poured in from teams and hockey organizations across the cou

Related News