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Canada's Federal Budget

Canada's Federal Budget

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Published by Mark Goldberg
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Published by: Mark Goldberg on Feb 11, 2014
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05/22/2014

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Tabled in the House of Commonsby the HonourableJames M. Flaherty, P.C., M.P.Minister of FinanceFebruary 11, 2014
THE ROAD TO BALANCE:
CREATING
 JOBS
 
AND 
OPPORTUNITIES
C A N A D A 
 
 
©Her Majesty the Queen in Right of Canada (2014)  All rights reserved
 All requests for permission to reproduce this document or any part thereof shall be addressed to
the Department of 
 Finance Canada.
 For more information, please contact Service Canada
 at
 1 800 O-Canada
(1-800-622-6232) TTY: 1-800-926-9105
Cat. No.: F1-23/3-2014E ISBN: 978-
0
-
660
-
20280
-
8
  This document is also available on the Internet at www.fin.gc.ca
Cette publication est aussi disponible en français.
 
 
i
 
Chapter 1 – Introduction .............................................................. 1
 
Chapter 2 – Economic Developments and Prospects .................... 13
 
Highlights ........................................................................................................ 13 Introduction .................................................................................................... 14
 
Global Economic Developments and Outlook ................................................... 15 Financial Market Developments ....................................................................... 22 Commodity Prices ............................................................................................ 24 Canada’s Recent Economic Performance ......................................................... 28 Canadian Economic Outlook—Private Sector Forecasts.................................... 45
Risk Assessment ............................................................................................. 48 Planning Assumptions ...................................................................................... 50
Chapter 3 – Supporting Jobs and Growth .................................... 51
Introduction .................................................................................................... 51
Chapter 3.1 – Connecting Canadians With Available Jobs ............ 53
Highlights ........................................................................................................ 53
 
Introduction .................................................................................................... 55
 
Ensuring Training Reflects Labour Market Needs ............................................ 58
 
Labour Market Agreements and the Canada Job Grant ......................................... 59
 
Labour Market Agreements for Persons With Disabilities ....................................... 61
 
Canadian Business SenseAbility ........................................................................ 62 Ready, Willing & Able ....................................................................................... 62 Community Works—A Vocational Training Program for Individuals With Autism Spectrum Disorders ................................................. 64
Training the Workforce of Tomorrow ............................................................... 66
 
Supporting Apprenticeship Training ................................................................... 67
 
Canada Apprentice Loan ............................................................................... 70
 
Supporting Entrepreneurs Through Intensive Mentoring ................................... 71
 
Flexibility and Innovation in Apprenticeship Technical Training .......................... 72
 
Employment Insurance Awareness Initiative for Apprentices ............................. 72
 
Focusing Federal Investments in Youth Employment ............................................ 73
 
Supporting Internships in High-Demand Fields ................................................ 73
 
Supporting Internships in Small and Medium-Sized Enterprises ......................... 74
 
Eliminating Vehicles From Canada Student Loans Assessments ............................. 74
 
Reforming First Nations K-12 Education ............................................................. 76
 
Supporting Women Entrepreneurs ..................................................................... 77
 
Renewing the Computers for Schools Program .................................................... 77
 

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