Minister Bill Blair and Lloyd Longfield highlight budget investments to build Canada’s clean economy in Guelph

MP Longfield with Minister Bill Blair and members of the Guelph Chamber of Commerce 

Today, the Honourable Bill Blair, President of the King’s Privy Council and Minister of Emergency Preparedness, and Lloyd Longfield, Member of Parliament for Guelph, met with businesses and organizations in Guelph to highlight Budget 2023’s investments to build a green economy.  

During his time in Guelph, Minister Blair had the opportunity to visit Biorem for a tour of their facility and to highlight how federal investments in Budget 2023 will help support clean growth. He also sat down with the Guelph Chamber of Commerce for a roundtable with local clean tech and agriculture businesses to talk about the creation of a new Investment Tax Credit for Clean Technology Manufacturing, which will provide a 30-per-cent refundable tax credit for investments in machinery and equipment used to manufacture or process clean technologies.

Budget 2023 is a made-in-Canada plan to make life more affordable. It delivers a new Grocery Rebate, offering targeted inflation relief for 11 million Canadians and families who need it most with up to an additional $467 for eligible couples with children; an additional $234 for single Canadians without children; and an additional $225 for seniors, on average. The government is also taking action to crack down on junk fees and predatory lending, lower credit card transaction fees for small businesses, and help Canadians keep more money in their pockets.

This Budget also focuses on strengthening Canada’s universal public health care system, by delivering $198.3 billion, including over $77 billion for Ontario, to reduce backlogs, expand access to family health services, and ensure provinces and territories can provide the high quality and timely health care Canadians expect and deserve. Additionally, Budget 2023 introduces a new Canadian Dental Care Plan, to help up to nine million Canadians and ensure no Canadian has to choose between taking care of their health and paying the bills at the end of the month.

To build Canada’s clean economy, the Budget makes transformative investments to fight climate change and create new opportunities for Canadian businesses and workers. This includes significant measures that will deliver cleaner and more affordable energy, support investment in our communities, and create good-paying jobs.

Quotes

“We’re designing and building the clean, green technology that the world is looking for, because we have the manufacturing power and the knowledge, especially here in Southwestern Ontario. Budget 2023 is our government’s plan to make life more affordable, strengthen public health care, and build a stronger, more sustainable, and more secure Canadian economy—for everyone.

• The Honourable Bill Blair, President of the King’s Privy Council for Canada and Minister of Emergency Preparedness

“Budget 2023 highlights the opportunities for Guelph to bring Canada to the forefront of the global clean economy. This budget invests clean technology and manufacturing as well as the health of Canadians and affordability, all of which are good for Guelph and Canadians.”

• Lloyd Longfield, Member of Parliament for Guelph