Budget 2017 in 3 Minutes

Skills, Innovation and Middle Class Jobs

• Equip workers with the skills they need for the jobs of tomorrow, and secure Canada's place as a world-leading centre for innovation

Communities Built for Change

• Invest in our communities, and create jobs and growth

A Strong Canada at Home and in the World

• Invest in health and wellness, inclusion and opportunity, and the safety and security of Canadians

Tax Fairness for the Middle Class

• Ensure that everyone pays their fair share, while making the tax system more effective and efficient

Equal Opportunity

• Budget 2017 includes Canada's first ever Budget Gender Statement

 
"...balancing the need to make investments while preserving Canada's fiscal strength..."

Helping Young Canadians Succeed

$221 million to target 10,000 work-integrated placements for post-secondary students

$396 million to expand employment opportunities for young Canadians

Making Employment Insurance More Flexible for Families and Workers

$1 billion to make parental benefits more flexible, create a new caregiving benefit and support training

Lifelong Learning: Supporting Working Canadians

$454 million to help working adults upgrade their skills

Over $2.7 billion invested in skills training and support through the Labour Market Transfer Agreements

$81 billion in funding over the next 11 years – including:

$20 billion for better public transit systems

$7 billion for stronger, more efficient trade corridors

Over $11 billion for a National Housing Strategy

$7 billion to invest in early learning and child care

$9 billion for bilateral agreements with provinces and territories to support green infrastructure

Innovative Delivery

Launch the Smart Cities Challenge Fund

Create the Canada Infrastructure Bank

Stronger Health Care

$11 billion in new funding to support home care and mental health

$828 million to improve health outcomes for Indigenous Peoples

Further Partnerships With Indigenous Peoples

• A further $2.6 billion over five years for Indigenous Peoples, including infrastructure, post-secondary education and training, and support for language and culture

Upholding Canada's Place in the World

$250 million for multilateral engagement in Asia through the Asian Infrastructure Investment Bank

Innovative solutions to development through $300 million capitalization of the Development Finance Institution

Greater Support for Veterans and Their Families

Ensuring the Tax System Is Fair

• Closing tax loopholes
• Reviewing tax planning strategies involving private corporations
• Combatting tax evasion and tax avoidance by providing additional resources to the Canada Revenue Agency, and implementing international recommendations

 

Building a Better, More Efficient Tax System

• Improving tax relief for individuals and families through a new Canada Caregiver Credit
• Improving existing tax measures for persons with disabilities and students
• Eliminating measures that are no longer relevant or efficient, and making other measures more consistent

Budget 2017 highlights:

Major investments in early learning and child care – supporting women's labour market participation

Targeted programs to help remove barriers to success where gender imbalances persist – including by promoting interest in science, technology, engineering and mathematics

Over $100 million for a National Strategy to Address Gender-Based Violence