Budget 2023 is a missed opportunity to invest in real growth measures
OTTAWA, March 28, 2023
Today’s release of the 2023 Federal Budget fell short of providing the right conditions to secure economic growth and stability for all Canadians through concrete action on workforce capacity building, fair procurement, and trade-enabling infrastructure investment.
“The government needs to create a more supportive environment to alleviate the labour choke points that risk crippling Canada’s economic growth,” says Mary Van Buren, President of the Canadian Construction Association (CCA). “This includes changing an outdated immigration point system and working with provinces to ensure better skills matching.”
Canada’s construction industry is ready to become a leader in the transition to a net-zero economy and is optimistic about the promised investments in green building and innovation, including the Clean Technologies and Clean Hydrogen tax credits. However, the restrictive labour conditions attached to these incentives effectively discriminate against an important segment of the Canadian workforce and, in particular, small and medium-sized companies. Equally concerning is that these restrictions were announced without proper consultation of industry stakeholders.
The construction industry is also frustrated and disappointed by the lack of movement on the National Infrastructure Assessment, an initiative that was announced in Budget 2021. A long-term infrastructure plan is essential in order to address aging infrastructure, develop a trade corridor that strengthens supply chains, and build a steady pipeline of skilled and talented workers.
The focus of this budget failed to recognize that the construction industry is a key player in achieving Canada’s net-zero targets, providing rewarding employment opportunities and building the infrastructure that Canadians rely on every day. For more information on our recommendations to government, read CCA’s pre-budget submission.
MEDIA CONTACTS
Rodrigue Gilbert
613-236-9455, ext. 102
[email protected]
WEBSITES
www.cca-acc.com
SOCIAL MEDIA
Twitter: @ConstructionCAN
LinkedIn: Canadian Construction Association—Association Canadienne de la Construction
YouTube: ConstructionCAN
ABOUT THE CANADIAN CONSTUCTION ASSOCIATION (CCA)
Across Canada, CCA represents more than 20,000 member firms drawn from 63 local and provincial integrated partner associations. CCA gives voice to the public policy, legal and standards development goals of contractors, suppliers and allied business professionals working in, or with, Canada’s heavy civil, institutional, commercial and industrial construction industry.
The construction sector is one of Canada’s largest employers and a major contributor to the country’s economic success. The industry, 70 per cent of which is made up of small and medium enterprises, employs more than 1.4 million Canadians and contributes 7.5 per cent of Canada’s Gross Domestic Product.