Coalition for a Better Future FES media statement

OTTAWA–The Coalition for a Better Future welcomes the commitment in the federal government’s Fall Economic Statement to advancing long-term economic growth and spurring business investment in Canada.

The Coalition, whose members are committed to strengthening the post-COVID economy to help all Canadians, was encouraged by the pro-growth measures announced by Finance Minister Chrystia Freeland. Saying Canada is at an historic crossroads, Freeland focused much of the fall economic statement on planned government incentives to encourage business to invest in sustainable technologies here that will help grow our economy and both create and maintain good jobs. She said Canada must move quickly now that the U.S. has launched a massive green technology program next door.

"We want to applaud Minister Freeland for the sense of urgency she brought to the Fall Economic Statement,” said Coalition Co-chair Anne McLellan. “We agree Canada is at a pivotal moment in its history, a time when Canada can lead by creating an industrial strategy that is inclusive and sustainable. Our 139 member organizations from the private and charitable sectors are here to help," she said.

Co-chair Lisa Raitt said Freeland’s statement is a step in the right direction but more federal support will be crucial. "It's important that Canada remains competitive with the United States' recently announced Inflation Reduction Act, and we've seen some positive steps today. But we believe more investment will be needed in the months to come," Raitt commented.

At the Coalition for a Better Future, we believe this is a moment for Canada to be ambitious. If we act now, with purpose and focus, we can build the most inclusive, sustainable economy in the world.

‍For more information please contact:

Rosemary Thompson

Executive Director

Coalition for a Better Future

rosemary.thompson@canadacoalition.ca

(613) 240-6739