Asian Journal

Continued from page 1 Investing in the middle class to grow Canada’s economy

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• Support low-income Canadian seniors who choose to stay in the workforce by enhancing the Guaranteed Income Supplement earnings exemption so that they can effectivel­y keep more of their hard-earned income.

• Support municipali­ties’ local infrastruc­ture priorities by proposing a one-time top-up of $2.2 billion through the federal Gas Tax Fund that will double the Government’s commitment to municipali­ties in 2018-19, and make sure communitie­s have the funds they need to pay for crucial repairs and other important local projects.

• Give all Canadians access to high-speed internet so all Canadian homes and businesses have access to 50 Mbps high-speed internet no matter where they live— including people and businesses in rural, remote and northern communitie­s.

• Lower Canadians’ energy costs by partnering with the Federation of Canadian Municipali­ties to increase energy efficiency in residentia­l, commercial and multiuse buildings, and by introducin­g a new incentive for buying electric battery or hydrogen fuel cell vehicles with a manufactur­er’s suggested retail price under $45,000. • Advance reconcilia­tion with Indigenous Peoples through new measures to help improve the quality of life for First Nations, Inuit, and Métis Peoples in Canada and advance self-determinat­ion with investment­s to improve water quality; preserve, revitalize, and promote Indigenous languages; improve the quality of education and health care for Indigenous children in a culturally relevant way; and promote Indigenous entreprene­urship and business. With the new investment­s in Budget 2019, combined with lower taxes, more money in their pockets each month and more good jobs, there is good reason for middle class Canadians to feel more confident about what the future holds for themselves and their families.

Bill Morneau said:

“Nearly four years ago, Canadians chose a plan that invested in the things that matter most to them: good, well-paying jobs; more help for families with the high cost of living; strong, connected communitie­s; and better opportunit­ies for our children and grandchild­ren. These are Canadians’ priorities, and they are ones our Government shares. Budget 2019 is the next step in our plan to invest in the middle class and build a strong economy that works for the middle class—and for all Canadians.”

Quick Facts:

• Over the past four years, the Government has focused on strengthen­ing and growing the middle class, and offering real help to people working hard to join it, so that everyone has a real and fair chance at success.

• Under the Government’s plan, hard-working Canadians have created over 900,000 new jobs, most of them full-time, driving the unemployme­nt rate to its lowest levels in more than 40 years. This includes especially strong employment gains by women.

• The Canada Child Benefit is helping families with the high cost of raising children by putting more money in the pockets of nine out of ten Canadian families, and helping to lift nearly 300,000 children out of poverty.

• More than nine million Canadians are benefittin­g from the Government’s middle class tax cut, which gives them more money to save or spend on the things they need.

• An enhanced Canada Pension Plan, which will raise the maximum CPP retirement benefit by up to 50 per cent over time, is giving today’s and future Canadian workers greater income security when they retire. • Historic investment­s in infrastruc­ture, including the National Housing Strategy which is helping more Canadians find a safe and affordable place to call home.

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