. Finance Minister Bill Morneau’s prepared speech to parliament follows the full budget document below.Last week, I was back home in Toronto—where I had a chance to visit with some young people at the Boys and Girls Club in Regent Park.It was March Break last week, so they were pretty focused on having fun, like kids their age should be.
And alongside all of this is the most important relationship our country will ever have—the one with Indigenous Peoples.When we came into government in the fall of 2015, unemployment was stubbornly high, wages were stagnant, and consumer confidence in decline.When the time came to make a choice about what kind of country they wanted to raise their families in, and grow older in, and leave to their children and grandchildren, Canadians chose a positive approach.
To help Canadians feel more confident about the future, we strengthened the Canada Pension Plan—giving Canadian workers greater income security when it’s their turn to retire. In the last year alone, of all the new jobs created, more than half—54 per cent—went to Canada’s talented, hard-working, ambitious women.You get an unemployment rate at its lowest levels in more than 40 years …
There’s a growing sense of uncertainty taking root around the world, Mr. Speaker, and Canada is not immune to those worries. With this budget, Mr. Speaker, we are continuing with our proven and successful plan of investing in the middle class.That means taking steps to ensure that more Canadians can afford a place to live that is safe and secure—a place they can be proud to call home.
There aren’t enough houses for people to buy, or apartments for people to rent. That makes finding a good place to live too expensive—beyond what many people can afford. This includes increasing the RRSP Home Buyers’ Plan withdrawal limit to $35,000 from $25,000, to reflect the realities of house prices today.
That’s real help for people who want to own their own home. For young people. For families. For Canadians who need just that little extra help to make their dream of owning a home a reality.This includes young and unemployed people who need help getting into the job market. It also includes a training support benefit, operated through the Employment Insurance program. With this support, workers won’t have to choose between their training needs and their family’s needs. They can take the time they need to learn new skills, knowing they’ve got help to cover their living expenses.
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