Justin Trudeau's Commitment: Addressing Housing & Small Business Owners

Prime Minister Justin Trudeau is taking strategic actions to reflect the government's commitment to making life in Canada more affordable. By addressing grocery costs, housing, and promoting competition, these changes are poised to have a significant and positive impact on the lives of Canadians.

On September 14, 2023, Prime Minister Justin Trudeau unveiled a comprehensive set of initiatives tackling reducing housing costs and initiatives to support small business owners. These measures are designed to make a positive impact on the lives of Canadians from all walks of life.

Canada's Housing Progress Unveiled

• To make rental homes more affordable, the government plans to remove the GST on new apartment buildings, encouraging their construction.
• Efforts are being made to create desirable housing, thus making it more attractive and suitable for Canadian families.
• Canadian provinces are urged to align with federal refund policies for new rental homes, ensuring consistent support.
• To access the Housing Accelerator Fund, local governments must eliminate exclusionary zoning and promote flat construction near public transportation.

Supporting Small Business Owners

Recognizing the importance of small businesses in the Canadian economy, the government is offering assistance to small company proprietors. These measures will not only benefit entrepreneurs but also contribute to local economic growth.

Also Read: Canada Tops 2023 Ranking as Most Alluring Hub for Immigrant Entrepreneurs

Canada's Commitment to Affordable Groceries

• The Prime Minister has initiated productive discussions with Canada's leading grocery chains in Ottawa.
• In the short term, there is a strong call for major grocery retailers to maintain price stability, ensuring Canadians have access to affordable groceries.
• The Canadian government is exploring various measures, including tax adjustments, to bring back the stability in grocery prices that Canadians rely on.

The government is committed to enhancing competition in the Canadian economy, especially in the grocery sector. Legislative changes will empower the Competition Bureau to conduct thorough market analyses, eliminate barriers to competition, and act against practices that hinder fair competition and consumer choice, ultimately benefiting the middle-class population.

Canada’s Resolution to Safeguarding the Well-being of Its Citizens

Canada remains resolute in its efforts to shield the middle class and the lives of all Canadians from the impact of inflation. The government is committed to ensuring that Canada remains a welcoming and prosperous destination for both immigrants and its citizens. At the heart of this commitment is the belief that everyone deserves a secure and fulfilling life in Canada.

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