What the 2019 federal budget means for you Budget2019 cdnpoli
CTVNews.ca has analyzed the 460-page budget from cover to cover, and here’s a rundown of the key initiatives the government is promising Canadians both before they go to the polls this fall, and should the Liberals be re-elected. The government says it wants to make it easier for young people to buy their first home, and promises to do that through a targeted new support system.
Looking at long-term promises, the Liberals are vowing to build 42,500 new housing units in low-supply areas for rentals over the next nine years.The government wants to make the prospect of going back to school, or gaining new skills, more appealing. These steps include creating a Canadian Drug Agency that will be given $35 million over the next four years to look into bulk buying drugs to lower costs and determine with the provinces and territories a list of best cost per value pharmaceuticals for Canadians.
As for pension protections, the government is vowing to introduce new measures aimed at securing workplace pensions in the case of a company going out of business. This pledge is light on details or concrete steps but will include changing federal pension law.Do you want to do more to combat climate change?
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