MIL OSI Translation. Canadian French to English –
Source: Government of Canada – in French
April 25, 2024 Saskatoon, Saskatchewan Global Affairs Canada
The federal government recently tabled the 2024 budget: A fair chance for every generation.
This is a plan to build a Canada that works better for everyone, where young people can get ahead, get a fair reward for their hard work and be able to buy their own homes – where everyone has a fair chance at a good middle-class life.
Today, the Minister of Foreign Affairs, the Honorable Mélanie Joly, visited the Canadian Light Source, a research facility at the University of Saskatchewan. On this occasion, she highlighted recent funding of $83.5 million over 3 years from the federal government to support the facility’s work in various areas of research, ranging from the development of climate-resilient crops to research on electric vehicle technology. By proposing an electric vehicle supply chain tax credit in Budget 2024, the federal government is seizing the opportunity to secure Canada’s future in the automotive industry and support the supply chain, while creating high-quality jobs for Canadian workers for generations to come.
As an increasing number of electric vehicles are produced around the world, it is essential that the Canadian automotive industry has the necessary tools to compete in global markets and become a hub in the vehicle supply chain electrical.
Budget 2024 is a plan that aims to ensure fairness for every generation.
First, the budget takes bold steps to build more housing, because the best way to make housing prices more affordable is to increase supply, and to do it quickly. The budget outlines a strategy to make 3.87 million new housing units available by 2031. Key measures include the launch of the new Residential Use of Public Land Plan and the Canada Rent Protection Fund, improvement of the Canadian Mortgage Charter and the creation of the new Canadian Tenants’ Bill of Rights.
Second, the budget will help reduce the cost of living. Built on the government’s transformative development of Canada’s social safety net – $10 a day child care, dental care for the country’s uninsured, the first phase of universal pharmacare – The budget supports the government’s efforts to reduce daily costs for Canadians. These include helping to stabilize food prices, cracking down on unwanted fees and reducing the costs of banking services. Budget 2024 also makes transformative new investments, including the National School Food Program and the Canada Disability Benefit.
Third, this year’s budget will grow the economy in a way that benefits everyone. The government’s plan will increase investments, enhance productivity and encourage innovation. It will create good-paying, meaningful jobs, keep Canada at the forefront of the economy, and provide new supports to empower more of our best entrepreneurs and innovators. to realize their ideas. To do this, measures include attracting more investment into the carbon-neutral economy by expanding and introducing significant investment tax credits into the economy. They will also consolidate Canada’s advantage as a leader in artificial intelligence, and invest in enhanced research grants that will provide younger generations with good jobs and new opportunities. We must also ensure that Aboriginal people can benefit from this growth in a way that suits them.
Budget 2024 will also make Canada’s tax system fairer by asking the richest to pay a little more, so the government can invest in prosperity for every generation, and because it would be irresponsible and unfair to pass on more debt to subsequent generations. Budget 2024 is a responsible economic plan that meets the fiscal objectives outlined in the 2023 Fall Economic Statement, and allows Canada to maintain the lowest deficit and net debt-to-GDP ratios in the G7 .
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.
