October 6, 2020 – Sault Ste. Marie, Ontario – Department of Finance Canada
The COVID-19 pandemic is the most serious public health crisis Canada has ever faced. Overcoming the challenges created by the pandemic requires the work and resolve of every order of government, every community, and every Canadian.
Today, the honourable Mona Fortier, Minister of Middle Class Prosperity and Associate Minister of Finance, took part in a virtual town hall with Sault Ste. Marie Chamber of Commerce. The Minister was joined at the town hall by Terry Sheehan, Member of Parliament for Sault Ste. Marie, and Parliamentary Secretary to the Minister of Economic Development and Official Languages (FedNor).
During the town hall, the Minister highlighted the work done to date through Canada’s COVID-19 Economic Response Plan to support businesses and individuals and shared the Government’s plan for economic recovery as outlined in the recent Speech from the Throne. The Government’s approach rests on four pillars: to secure public health and fight the pandemic; support jobs and businesses; build the foundations for a better recovery and safeguard Canada’s values while doing so.
To further these priorities, the Government intends to take additional steps to bridge vulnerable Canadians to the other side of the pandemic and build back better that include:
- Making the largest investment in Canadian history into training for workers;
- Enhancing the First-Time Home Buyer Incentive to help families afford a home;
- Making a significant, long-term, sustained investment to create a Canada-wide early learning and childcare system;
- Extending the Canada Emergency Wage Subsidy (CEWS) through to summer 2021 to help businesses and other employers keep their workers;
- Scaling up the Youth Employment and Skills Strategy, to provide more paid work experiences for young Canadians;
- Expanding the Canada Emergency Business Account (CEBA) to help businesses keep their doors open;
- Introducing further support for industries that have been the hardest hit, including travel and tourism, hospitality, and cultural industries like the performing arts.
The meeting is the second in a series of town halls that the Minister will be participating in to highlight the continued work of the government to address the pandemic and build back better.