Federal Budget 2024 set to be unveiled on April 16

Canadians will find out next month whether the federal government is paying attention to the growing calls from business to improve our country’s productivity, competitiveness and standard of living.

Federal Finance Minister and Deputy Prime Minister Chrystia Freeland announced today that Budget 2024 will be presented in the House of Commons on April 16.

The Canadian Chamber submitted a list of recommendations during budget deliberations that came from business leaders across the country. Many of these are echoed by members of the Greater Victoria Chamber of Commerce.

“We need economic growth to be driven by the private sector, and some of the changes that can be done on a federal level are simple — and cost effective — changes to red tape,” Chamber CEO Bruce Williams said. “We know innovation is driven by business and it’s time for government to focus on policies that encourage investment in the infrastructure needed to build a sustainable and resilient economy.”

Among the recommendations are to:

• Build Trade-Enhancing Infrastructure
• Ease the Burden of Doing Business
• Facilitate the Transition to Net-Zero
• Enable an Innovative Economy
• Attract and Retain Talent
• Lead in Life Sciences.