FEDERAL BUDGET TO BE PRESENTED MONDAY – WHAT WILL BE IN IT FOR BUSINESS?
On April 19, the federal government will deliver its first budget in over two years. The budget is expected to provide a full accounting of all government spending through the pandemic, which has sent the deficit for the fiscal year to almost $400 billion. Our team will be watching to see what commitments are made and how the budget shapes up for businesses. A few weeks ago, we shared what we hope to see in the budget, which includes helping business create jobs, getting women back to work, investing in Canada, going digital and reducing the impacts of climate change.
PATHWAYS TO PERMANENT RESIDENCY FOR INTERNATIONAL STUDENTS AND TEMPORARY FOREIGN WORKERS
Yesterday’s announcement that the government will be implementing a one-time program for recent temporary permit holders, including international students and temporary foreign workers, is an important step towards the inclusive pandemic recovery we need.
Immigration will continue have an important place in filling labour market gaps as Canada starts planning for economic recovery and getting Canadians back to work. International students and temporary foreign workers are essential sources for talent pipelines for communities and industries across this country. We have long been advocating for the government to facilitate pathways to permanent residency for temporary residents.
FOR YOUR ATTENTION
Our New Initiative to Bolster Canada-U.S. Trade Relations
Canada’s post-COVID economy depends on a business-led recovery. We think the best way to spur the recovery for both countries is to renew and revitalize the Canada-U.S. economic partnership. Earlier this week, we launched a new initiative that will focus on five priority issues: the Canada-U.S. border, Buy American, defence and security, regulatory cooperation and the environment and natural resources.
Canadian Chamber and Abacus Data Poll: Returning to the Workplace Last week we released the results of a poll examining how Canadians feel about how and where they work during the pandemic. Abacus Data completed the polling.