Budget 2019: Investing in the Middle Class to Grow Canada's Economy

March 19, 2019 – Ottawa, Ontario – Department of Finance Canada

Since 2015, hard-working Canadians have proven what has long been understood: a strong economy starts with a strong middle class.

Nearly four years ago, Canadians chose a plan to invest in the middle class and offer real help to people working hard to join it.

Investing in the middle class means investing in people—with more help for those who need it, and less for those who don't. It means building a better Canada—a stronger, more connected country—and it means better opportunities for people today, and the promise of a better future, even in a world of constant change.

The Government's investments in the middle class are paying off. Canada's economy is strong and growing, more Canadians are working, and families have more money to save or spend each month.

Building on this momentum, Finance Minister Bill Morneau today tabled Budget 2019—Investing in the Middle Class.

With Budget 2019, the Government is continuing to invest to grow the economy for the long term, in a fiscally responsible way—ensuring that Canada's federal debt-to-GDP ratio continues on a steady downward track.

In Budget 2019, the Government of Canada proposes to:  

With the new investments in Budget 2019, combined with lower taxes, more money in their pockets each month and more good jobs, there is good reason for middle class Canadians to feel more confident about what the future holds for themselves and their families.

Quote

"Nearly four years ago, Canadians chose a plan that invested in the things that matter most to them: good, well-paying jobs; more help for families with the high cost of living; strong, connected communities; and better opportunities for our children and grandchildren. These are Canadians' priorities, and they are ones our Government shares. Budget 2019 is the next step in our plan to invest in the middle class and build a strong economy that works for the middle class—and for all Canadians."

- Bill Morneau, Minister of Finance

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Media may contact:

Pierre-Olivier Herbert
Acting Director of Communications
Office of the Minister of Finance
pierre-olivier.herbert@canada.ca
613-369-5696

Media Relations
Department of Finance Canada
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613-369-4000

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