Yesterday in the House of Commons, Finance Minister Chrystia Freeland tabled the 2021 Budget, A Recovery Plan for Jobs, Growth, and Resilience. This budget is focused on continuing to support Canadians as we approach the end of the COVID-19 pandemic, as well as investing in robust, inclusive economic growth for the future.
The Member of Parliament for Northwest Territories, Michael McLeod, was pleased to see several items in Budget 2021 that will improve the lives of Northerners.
“With NWT-specific investments such as $25 million for housing and $8 million toward the Aurora College transformation, this budget directly addresses some of our territory’s top priorities,” said McLeod.
Budget 2021 featured additional measures that will benefit Indigenous and northern communities, including establishing a $4.3 billion Indigenous Community Infrastructure Fund, providing over $1 billion in support to the tourism sector, and expanding access to the up to $1,200 travel component of the Northern Residents Deduction to Northerners without employer-provided travel benefits.
Other highlights include:
“As a member of the Standing Committee on Finance, I look forward to further reviewing the measures included in Budget 2021 as it makes its way through the legislative process,” McLeod added.
Office of Michael McLeod, M.P.