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The federal government is betting that its massive new spending measures will stoke enough economic growth to outpace ballooning public debts, setting the stage for a race that will drag on for years following the COVID-19 pandemic.
Ottawa’s big bet comes as some experts warn that the Liberal government’s 2021 budget may have placed too little emphasis on spurring business investment particularly that of large corporations that could in turn limit Canada’s productive capacity in coming years.
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Try refreshing your browser, or Canada rolling the dice on big-spending federal budget as debt total set to climb beyond $1.4 trillion Back to video
Federal budget reveals plans for migrant worker support, carbon backstop and COVID recovery
April 20, 2021
The federal government revealed its 2021 budget yesterday, the first in two years.
Plans address ongoing programs to manage COVID-19, working towards economic recovery and plans for growth. In addition to a proposed federal minimum wage of $15 per hour, several areas impact the Canadian horticultural sector in particular.
Changes to mandatory isolation support
Budget 2021 proposes to provide $57.6 million in 2021-22 to extend the Mandatory Isolation Support for Temporary Foreign Workers Program up until June 15, then reducing the amount provided and phasing out the program in August.
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Winnipeg Free Press
Multi-pronged approach required, business council chief says
MIKE DEAL / WINNIPEG FREE PRESS
Bram Strain of the Business Council of Manitoba said recovery from the pandemic must start by first building out infrastructure, then renewing a trade corridor in Western Canada.
As governments across Canada carve out an economic path forward from COVID-19, the Business Council of Manitoba is urging that an immediate focus be placed on the future of physical infrastructure and commercial border crossings.
As governments across Canada carve out an economic path forward from COVID-19, the Business Council of Manitoba is urging that an immediate focus be placed on the future of physical infrastructure and commercial border crossings.