RESEARCH - Federal Budget 2024-2025 Highlights and Reactions

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RESEARCH - Federal Budget 2024-2025 Highlights and Reactions

22 Apr 2024

We urge the federal government to help fully realize the potential of the billions of dollars in investment we have attracted to the electric vehicle and battery sectors by matching the more than $1 billion Ontario has dedicated to build all-season roads to the Ring of Fire region and by working with us to eliminate duplicative reviews and processes that are slowing down this nationally significan. [...] When we work together we can do great things and build safe, affordable and thriving communities for years to come.” Big City Caucus • The Mayor of Halifax Regional Municipality and Chair of Big City Mayors’ Caucus Mike Savage intends to build on this success and continue the efforts to adapt the municipal funding model to the realities of the 21st century. [...] CUTA urged the government to introduce a component of the fund in the 2024 budget and open intake and funding commitments for the remainder of the fund. [...] • But the party of borrow and spend is no more, with the government venturing in the 2024 budget that “it would be irresponsible and unfair to pass on more debt to the next generations.” • Unfortunately for Canadians, the upshot of that thought is not a move to restrain federal spending in order to limit the rise in debt. [...] The National Post (1) • David Dodge hazarded a guess on Monday night that the 2024 budget was “likely to be the worst budget since the MacEachen budget of 1982.” The National Post (2) • This, remember, is a government that has run deficits every year since it was elected in 2015 and doubled the national debt in the process.

Authors

Monika Ruffolo

Pages
23
Published in
Canada