2 minute read

AFFORDABLE HOUSING & THE COST OF LIVING

$2.5 billion for a one-time “Grocery Rebate” which will be delivered to "low and modest income" folks, through the GST credit program. The rebate will provide couples with two children with up to $467, single people without children up to $234, and seniors with $225, on average (p. 34).

Starting April 1, 2023, financial institutions will be able to offer people looking to buy their first home a Tax-Free First Home Savings Account, which will be tax-deductible (p. 44)

ENVIRONMENT & CLIMATE CHANGE

$85 1 million over five years for the creation of the Canada Water Agency, which will work with provinces, territories, Indigenous communities, and other entities to manage and keep safe the waters within Canada (p. 135)

$184 million over three years for continuing to monitor, protect, and promote the recovery of species at risk (p 135)

$151.9 million over three years starting in 2023-24 for the continued protection of endangered whales and their habitats (p. 135)

Multiple avenues of funding supporting the use and manufacturing of clean energy and products, including $20 billion total for the support of clean electricity through the Canada Infrastructure Bank (p. 81)

Education

$813 6 billion for enhancing financial assistance for post-secondary students (p 39): The Canada Student Grant will be increased by 40%, bringing the grant up to a possible $4,200 for full time students.

Mature students will no longer need to undergo a credit check before accessing federal student loans for the first time

$197.7 million for the Student Work Placement Program, which gives post-secondary students paid work experience in their field of study (p. 101)

$13 billion over five years, and $4.4 billion in ongoing funding for the implementation of the Canadian Dental Care Plan. The plan will provide dental coverage for folks making under $90K a year, with no copays (contributions from the patient) for those making under $70K a year (p.62)

Starting in 2025, $250 million will also be invested to create an Oral Health Access Fund This will go toward targeted measures to addressing oral health gaps in vulnerable communities, as well as increasing oral health care access in rural and remote areas (p. 62)

$36 million over three years (starting in 2024) to renew the Sexual and Reproductive Health Fund, which supports community-based organizations to provide access to sexual and reproductive health care, including abortion, more accessible to vulnerable populations (p. 60)

$158.4 million over three years for the implementation of the 988 phone service. This service will provide mental health crisis support to through calling or texting the 988 number (p 60)

$359.2 million over five years for renewing the Canadian Drugs and Substances Strategy, which includes funds for community-based supports through the Substance Use and Addictions Program, funding for a new community-based program aiming to prevent substance use in young people, and for authorizations for safe consumption sites, among other measures (p 58-59)

This article is from: