2023 Fall Economic Statement

Since 2015, our government’s economic plan has been and remains to build a strong economy that works for everyone—with good jobs that people can count on.

Major investments in public transit, in EV battery factories, and in new energy projects are not just one-off public expenditures. They are investments—decades-long investments—in the economic growth which creates middle class jobs, raises incomes, and makes middle class communities more prosperous.

Affordable early learning and child care is an investment in our social infrastructure, and it is also transformative economic policy. It gives children the best possible start in life, while supporting record women’s employment and helping to address the labour shortages which contributed to inflation.

Enhancements to Canada’s social safety net, ranging from the Canada Child Benefit to the Canada Workers Benefit to the Canadian Pension Plan, are about driving down inequality, raising incomes, and ensuring by design, not by trickle-down, that everyone can truly share in our country’s prosperity.

With investments in our economy, our communities, and a new generation of middle class careers, we have focused, relentlessly, on ensuring that government investments help to deliver real economic opportunities for Canadians.

This Fall Economic Statement provides an update on our economic plan—and builds upon it.

Click the following link to learn more: Fall Economic Statement 2023