Annual budgets for 2021-2022 highlight pandemic’s economic impact, project further deficits
While many provincial and territorial budgets for the 2021-2022 fiscal year have been tabled, some, including the federal government, Newfoundland and Labrador, and British Columbia’s, have yet to come. Most budgets tabled to date have prioritized healthcare spending and economic recovery, while many project further deficits in the coming years. The 2021 federal budget, which will be the first federal budget since 2019, is scheduled
for release on April 19th.
Virtual budget consultation process sets new participation record among Manitobans
Almost 51,000 Manitobans
participated in Manitoba’s virtual budget consultation process this year, setting a new participation record, and marking a 178 per cent increase in participation since 2020. The virtual consultation process included a variety of participation methods, including telephone town halls, virtual meetings, online surveys, and open calls for emails and written notes.
United States government announces 2 trillion-dollar spending program prioritizing green infrastructure
The United States has announced a 2 trillion-dollar spending program
designed to accelerate infrastructure spending and clean technology uptake across the United States. While the program has yet to be put before congress—a process that can take months or years to complete—it will nonetheless have significant implications for Canada, including new opportunities for economic growth.
British Columbia reports highest uptake rate of electronic vehicles in North America as Prince Edward Island introduces new EV rebate program
According to the provincial government, more than 54,000
light-duty electronic vehicles (EVs) were registered in British Columbia in 2020, representing the highest uptake rate in North America. Moreover, as one of the few Canadian provinces with an EV incentive program, British Columbia is now on track to exceed its uptake targets for light-duty EVs by 2025.
In an effort to invest in clean technology and promote a healthier environment, the Government of Prince Edward Island recently introduced a $500,000 EV rebate program
in its 2021-2022 annual budget.
- Mairead Matthews