2021 Federal budget analysis by Canada Life

The Liberal government’s first budget in two years highlights spending measures to “finish the fight against COVID-19”, reduce our carbon footprint and provide new early learning and childcare programs to families. The deficit for the 2020-21 fiscal year is projected to hit $354.2 billion. Notable spending measures include:

• Childcare and early learning – $30 billion over five years and $8.3 billion a year thereafter to build an early learning and childcare system across Canada.
• Green stimulus – $17.6 billion in spending over at least 5 years across dozens of programs to facilitate a green recovery to create jobs, build a clean economy and fight and protect against climate change.
• COVID-19 business support – Canada Emergency Wage Subsidy…

To continue reading please click HERE