Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience

April 19, 2021

Budget 2021

Today Deputy Prime Minister and Minister of Finance, Chrystia Freeland, rose in the House to table Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience, our Governement's plan to finish the fight against COVID-19 and ensure a robust economic recovery that brings all Canadians along. 

Budget 2021 is about finishing the fight against COVID-19. It's about healing the wounds left by the COVID-19 recession. And it's about creating more jobs and prosperity for Canadians in the days-- and decades-- to come. 

The COVID-19 recession is the steepest and fastest economic contraction since the Great Depression. It has disproportionately affected low-wage workers, young people, women, and racialized Canadians. For businesses, it has been a two-speed recession, with some finding ways to prosper and grow, but many businesses--especially small businesses-- fighting to survive. 

Budget 2021 represents a historic investment to address the specific wounds of the COVID-19 recession, put people first, create jobs, grow the middle class, set businesses on a track for long-term growth, and ensure that Canada's future will be healthier, more equitable, greener, and more prosperous. 

To read the full Budget, click here.