Jobs, Economy and Environment

Fiscal update’s emphasis on investments will spare Canadians further economic hardship and spur recovery

November 30, 2020

Canada’s unions say the federal government’s fiscal update will help the nation’s workers weather current health and economic hardships through the pandemic.

Today’s update extends critical income support and economic measures to help Canadians and businesses. While today’s commitments on key priorities remain modest and reflect past promises, the government has signalled it will make further investments as the recovery begins to take shape.

“Canada’s workers and their families are staring down a harsh, frightening winter of economic uncertainty in the midst of a health crisis that shows no sign of letting up,” said Hassan Yussuff, President of the Canadian Labour Congress (CLC).

“They have received assurances that their government will help them make ends meet and safeguard their health and well-being. However, it’s clear that many essential investments will be required around critical priorities like child care, pharmacare and towards key industries to ensure a rapid recovery.”

The federal government made numerous commitments towards workers and their families, including:

  • The promise of improved working conditions and measures to support retention and recruitment of care economy workers and early childhood educators;
  • Creation of new national standards for long-term care and a $1 billion fund to improve the quality of care;
  • Green economy investments, including support for home energy efficiency retrofits and the goal of planting 2 billion trees;
  • Limited sector-specific support for the hospitality and aviation sectors;
  • Measures to tax the multinational digital giants and improve tax compliance;
  • The creation of a Federal Secretariat on Early Learning and Child Care; and,
  • The announcement of a task force on modernizing the Employment Equity Act.

Canada’s unions join other experts and stakeholders in emphasizing that the priority must remain on returning Canada to full employment rather than on reducing debt.

“Harsh cuts in the past have put Canadians more at risk today. We need only to look at the state of long-term care, the erosion of public health capacity and an insufficient Employment Insurance program,” said Yussuff. “This is why we have been calling on governments to disaster-proof the country to help us withstand future crises while we recover from this one.”

To read more about the directed investments the CLC is calling for, visit canadianplan.ca.

  • Ending Discrimination
  • Political leaders must work together and fast-track Bill C-22 on Disability Benefits

    October 3, 2022
    Click to open the link
  • Ending Discrimination
  • National Day for Truth and Reconciliation: A day for meaningful action and solidarity

    September 30, 2022
    Click to open the link
  • Forward Together
  • Grocery greedflation leaves families paying more for food

    September 28, 2022
    Click to open the link
  • Forward Together
  • Statement by Bea Bruske: We must work to avoid a recession that would put many working families at risk

    September 23, 2022
    Click to open the link
  • Gender Equality
  • To achieve gender equality, Canada’s decision makers must prioritize investments in care

    September 22, 2022
    Click to open the link
  • Ending Discrimination
  • Equal pay for work of equal value: it’s long past the time for employers and governments to get it right on pay equity

    September 18, 2022
    Click to open the link
  • Trade and International Affairs
  • Labour 20 recommendations to G20 Labour and Employment Ministers

    September 14, 2022
    Click to open the link
  • Social Justice and Democracy
  • Poilievre and the Conservatives can’t be trusted to stand up for workers

    September 10, 2022
    Click to open the link