The federal election is being held on September 20th, 2021.
In what will become a regular non-partisan election round up we aim to share with you the important promises and platform announcements made by the political parties during the campaign as we head towards election day on September 20. As a member of the Coalition of Hardest Hit Businesses, we continue to contact prospective MPs standing in Ontario ridings to speak with them to ensure that they’re fully briefed on the situation facing the tourism industry and the prolonged economic support we need to navigate the pandemic whilst facing government restrictions and closures.
Please click on a link below to be take to the relevant party platform.
On September 1st, the Liberal Party of Canada released its full election platform titled ‘Forward. For Everyone.’ Building upon its previously announced tourism industry-tailored wage and rent support program—a direct response to advocacy by TIAO and the Coalition of the Hardest Hit Businesses—the Liberals’ platform includes a number of proposed programs and measures aimed at helping businesses across Ontario navigate challenges to rebuild and recovery.
Supports for the Tourism Industry
- Extend the Canada Recovery Hiring Program to March 31, 2022 (previously announced)
- Provide Canada’s hard-hit tourism industry with temporary wage and rent support of up to 75% of their expenses to help them get through the winter. From September 2021 – May 31, 2022, qualifying businesses experiencing a minimum of 40% revenue loss and from sectors such as hotels, tour operators, convention centres, and festivals would be able to access support to cover fixed costs. (previously announced)
- Build a national trails tourism strategy and increase youth employment opportunities in partnership with Destination Canada to enhance local economic development opportunities
Supporting Businesses Adopting COVID-19 Public Health Measures
- Introduce legislation to protect businesses from legal challenges if they require proof of vaccination from employees and customers
- Introduce a tax credit for small businesses to invest in better ventilation
Addressing the Labour Shortage
- Expand pathways to permanent residency for temporary foreign workers and former international students, and streamline the application process for Canadian companies hiring temporary foreign workers to fill labour shortages
- Develop a sector-specific Agricultural Labour Strategy with employers and unions to address persistent labour shortages
Supporting Businesses in the Digital Economy
- Implement the Canada Digital Adoption Program which will provide small grants and zero-interest loans to finance new business technology, and create work and training opportunities for 28,000 young people to help businesses implement new technology
Supporting Northern and Rural Businesses
- Accelerating the rollout of wireless and high-speed internet in rural and Northern Canada by requiring those that have purchased the rights to build broadband to actually do so
Supporting Indigenous Businesses
- Expanding access to zero interest loans through the Aboriginal Entrepreneurship Program, creating a navigator position to help Indigenous entrepreneurs find the right programs, and adjusting eligibility criteria to existing programs to ensure inclusivity
Supporting Small Business Growth
- Support 2,900 additional small businesses through changes to the Canada Small Business Financing Program, including increasing the maximum loan amount to $500,000, extending loan coverage to 15 years for equipment and leasehold, and expanding borrower eligibility to include non-profit and charitable social enterprises
A Cleaner, Greener Future
Cutting Pollution: Under the previous Conservative government, Canada’s emissions were on a path to be 12% higher in 2030 than they were in 2005, despite Stephen Harper’s promise to lower emissions by 30% by 2030. We knew this wasn’t acceptable and got to work on a serious plan. Today, Canada’s emissions are projected to be 36% lower in 2030 compared to 2005 levels. But we know there is more to do. A re-elected Liberal Government will:
- Deliver on all policy and fiscal measures outlined in our Strengthened Climate Plan from December 2020, implement the recently passed Net-Zero Emissions Accountability Act, and advance new measures to achieve an ambitious 40-45% reduction in emissions by 2030 compared to 2005 levels.
- Work with all Canadians and the Net-Zero Advisory Body to identify ways to further accelerate climate action that will put us on trajectory to achieve net-zero emissions as soon as possible and no later than 2050.
- Continue to put a rising price on pollution, while putting more money back into the pockets of Canadians.
- Keep protecting Canadian jobs and competitiveness through smart carbon pricing design.
- Move forward, in collaboration with key trading partners, like the United States and European Union, on applying Border Carbon Adjustments to imports from countries that aren’t doing their part to reduce carbon pollution and fight climate change. This includes considering applying Border Carbon Adjustments on imports of steel, cement, aluminum, and other emissions-intensive industries, similar to the European Union’s approach.
Protecting Nature: Nature is central to our lives, our communities, and our national identity. Globally, nature is under enormous stress. Human activity has altered three quarters of the earth’s surface, creating a biodiversity crisis that is threatening a million species worldwide and uprooting the essential nature we need to absorb and store carbon. We have a responsibility to act, to protect this nature for today and for the next generations of Canadians. A re-elected Liberal Government will:
- Establishing 10 new national parks and 10 new national marine conservation areas (NMCAs) in the next 5 years—doubling the size of the existing national parks and NMCA system in Canada.
- Working with Indigenous communities on comanagement agreements of these national parks and NMCAs.
- Continuing to work with partners to ensure Canada meets its goals to conserve 25% of our lands and waters by 2025 and 30% of each by 2030.
- Working to halt and reverse nature loss by 2030 in Canada and achieving a full recovery for nature by 2050. This includes championing this goal internationally to ensure that the world protects the intact nature required to reverse the biodiversity collapse and protect our climate.
- Establish at least one new national urban park in every province and territory, with a target of establishing 15 national urban parks by 2030.
- Invest an additional $200 million in the Natural Infrastructure Fund to continue funding community-led public green space projects in collaboration with municipalities, Indigenous communities, and non-profit organizations.
- Continue building and connecting the Trans Canada Trail, and creating new opportunities for Canadians to access it, by increasing annual funding to $13 million, growing the trail network by 10% helping create 10,000 jobs over the next five years.
- Build a national trails tourism strategy and increase youth employment opportunities in partnership with Destination Canada to enhance local economic development opportunities.
Green Jobs: Canadian green jobs are booming in sectors new and old, in regions across the country. Auto workers are manufacturing electric vehicles. Construction workers and tradespeople are building homes with new energy efficient materials and methods. Mill and smelter workers are making some of the cleanest aluminum and steel in the world. Aerospace workers are building the next-generation electric planes and helicopters. Small business entrepreneurs are dreaming up the next big idea to ensure we have a better, net-zero future. A re-elected Liberal Government will:
- Continue to help Canadians improve the energy efficiency of their homes and reduce their energy bills, providing grants of up to $5,000 for home retrofits and interest-free loans of up to $40,000 for deep retrofits.
- Launch a National Net-zero Emissions Building Strategy, which will chart a path to net-zero emissions from buildings by 2050 with ambitious milestones along the way. • Accelerate the development of the national net-zero emissions model building code for 2025 adoption.
- Accelerate the transition from fossil fuel-based heating systems to electrification through incentives and standards, including investing $250 million to help low-income Canadians get off home-heating oil.
- Require EnerGuide labeling of homes at the time of sale.
- Create a Low-Carbon Building Materials Innovation Hub to work directly with entrepreneurs, municipalities, provinces and territories, and Indigenous governments to ensure Canadian innovations are best positioned to succeed.
- Enhance investments in the Forest Industry Transformation program, working with partners to create jobs in the forest-based economy and bring forward new innovations in sustainable, low-carbon building materials.
- Launch a community-led net-zero homes initiative that supports projects that pursue multiple concurrent retrofits in a community or neighbourhood, to reduce overall costs. This initiative will be modeled on the Dutch “Energiesprong” program.
Tackling Plastic Pollution and Building a Circular Economy: Canadians are tired of seeing plastics littering our oceans, lakes, rivers, and parks. That’s why we are banning harmful, unrecyclable single-use plastics and have set a goal of eliminating plastic waste by 2030. A circular economy keeps plastics, and other materials, in our economy and out of our environment. A re-elected Liberal Government will:
- Require that all plastic packaging in Canada contain at least 50% recycled content by 2030.
- Accelerate the implementation of our zero plastic waste action plan, in partnership with provinces and territories, and ensure Canada’s actions are consistent with other leading jurisdictions.
- Continue to work with provinces and territories to ensure that it’s producers, not taxpayers, who are responsible for the cost of managing their plastic waste.
- Work with provinces and territories to implement and enforce an ambitious recycling target for plastic beverage bottles.
- Strengthen federal procurement practices to prioritize reusable and recyclable products and support our goal of zero plastic waste.
- Introduce labelling rules that prohibit the use of the chasing-arrows symbol unless 80% of Canada’s recycling facilities accept and have reliable end markets for these products.
- Support provincial and territorial producer responsibility efforts by establishing a federal public registry and require producers to annually report the amount, type, and end-of-life management for plastics in the Canadian economy.
- Create a new $100 million infrastructure and innovation fund over the next 5 years that will scale-up and commercialize made-in-Canada technologies and solutions for the reuse and recycling of plastics.
- Implement a “right to repair” to extend the life of home appliances, particularly electronics, by requiring manufacturers to supply repair manuals and spare parts and facilitate their replication after the part is no longer produced.
- Introduce a new 15% tax credit to cover the cost of home appliance repairs performed by technicians (up to $500).
- Introduce a bill that includes provisions to better inform citizens of the environmental impacts of consumer products.
- Require businesses to inform Canadians of the environmental impacts of consumer products.
- Amend the Copyright Act to ensure that its provisions cannot prevent the repair of digital devices and systems, even when nothing is being copied or distributed.
An Adaption Plan to Protect Against the Impacts of Climate Change: The extreme heatwave and wildfires across Canada this summer have underscored the urgency of fighting and adapting to climate change. Canadians need leadership that is prepared to face up to the realities of climate change and to take strong action to prepare for future extreme weather events and keep Canadians safe and healthy. A re-elected Liberal Government will:
- Support retrofits and upgrades to protect against extreme weather.
- Complete our work with provinces and territories to develop flood maps for higher-risk areas in the next three years.
- Create a nation-wide flood ready portal so that Canadians have the information they need to make decisions on where and how to build their homes and communities, and how they can protect their homes and communities from flood risk.
- Take action to protect homeowners who are at high risk of flooding and don’t have adequate insurance protection, by creating a low-cost national flood insurance program.
- Develop strategies, in partnership with the insurance industry and private sector to lower insurance premiums by identifying cost-effective ways to better protect communities and homes from climate impacts and save people money.
- Expand the office of the National Security and Intelligence Advisor to keep Canadians safe as climate change increasingly impacts our domestic and global contexts.
- Create a Climate Adaptation Home Rating Program that will be developed as a companion to the EnerGuide home energy audits. • Expand the eligibility requirements of the CMHC deep home retrofit program and Canada Greener Homes Grant to include more climate resilience measures.
- Finalize Canada’s first-ever National Adaptation Strategy by the end of 2022, which will set clear targets and indicators to measure progress on—and strengthen the business case for—adaptation.
- Finalize and applying a climate lens to ensure climate adaptation and mitigation considerations are integrated throughout federal government decision-making.
- Work with provinces, territories, and farmers— including Indigenous and young farmers—to update business risk management agriculture programs to fully integrate climate risk management, environmental practices, and climate readiness.
For more detailed information on the Liberal Party's Climate plan, please visit here.
Conservative Party leader Erin O'Toole yesterday released a substantial document entitled ‘Canada’s Recovery Plan’ putting forward the Conservative plan to rebuild the Canadian economy post COVID-19. We’re still going through a lot of the detail, but we wanted to highlight some of the most relevant content:
To support the hospitality and tourism sectors and help ensure that women and young workers share in the recovery, Canada’s Conservatives will introduce a Dine and Discover Program:
- Provide a 50% rebate for food and non-alcoholic drinks purchased for dine-in from Monday to Wednesday for one month once it is safe to do so, pumping nearly $1 billion into the sector.
- Launch the Explore and Support Canada initiative with a 15% tax credit for vacation expenses of up to $1,000 per person for Canadians to vacation in Canada in 2022, helping our tourism sector get back on its feet.
- Eliminate the Liberal escalator tax on alcohol.
Canada’s Conservatives will launch the Canada Job Surge Plan - paying up to 50% of the salary of net new hires for six months following the end of CEWS.
- The government will pay at least 25% of the salary of a net new hire, with the subsidy increasing up to a maximum of 50% based on how long the new hire has been unemployed.
- The salary maximum will be the same as for CEWS.
- This will get Canadians back to work and particularly benefit the long-term unemployed.
Canada’s Conservatives Supporting the Aviation Industry
- Canada’s Conservatives will help the airline sector rebuild and get Canadian pilots, flight attendants, ground crews, mechanics, and all the other vital airline employees back to work.
- Support will be conditional on airlines agreeing to provide refunds to customers whose flights they cancelled, ending layoffs, restoring regional routes, allowing travel agents to maintain commissions collected for cancelled travel, and banning executive bonuses until the support is repaid.
- We will also pass legislation implementing strong protection of passengers’ rights based on the EU system. Among other things, this will make it clear that passengers are entitled to full refunds - not vouchers - when an airline cancels a flight and doesn’t offer an alternative.
Supporting Small Business
Canada’s Conservatives will give small businesses the support they need to get back on their feet by:
- Launching the Main Street Business Loan to provide loans of up to $200,000
- The $60,000 Canada Emergency Business Account (CEBA) loan is too small for thousands of small and medium businesses. Canada’s Conservatives will immediately offer a loan on similar terms but offering up to 4 months of pre-pandemic revenue up to a maximum of $200,000. We will forgive up to 25% depending on a company’s revenue loss.
- Making the first $25,000 of our Canada Investment Accelerator refundable for small business, providing a 5% investment tax credit for any capital investment made in 2022 and 2023.
Canada’s Conservatives will launch the Rebuild Main Street Tax Credit
- This will provide a 25% tax credit on amounts of up to $100,000 that Canadians personally invest in a small business over the next two years. This will give a strong incentive for Canadians to invest their money to help entrepreneurs rebuild our country.
- We will enable middle class investors to participate in the rebound while ensuring that those who want to open new stores, restaurants, and other small businesses to get Canadians back to work can get the investment they need.
Canada’s Conservatives will also ensure that the Government of Canada stands behind Canadian workers. We will:
- Reform BDC to ensure that its loan programs are accessible to small businesses. This will include broadening BDC’s mandate to have it guarantee a portion of loans that Canada’s banks make to small business, in the same way that CMHC guarantees mortgages.
- Look for ways to make it easier to start a business and reduce the time that entrepreneurs spend dealing with government when they should be concentrating on their business.
- Fix the mortgage stress test to stop discriminating against small business owners, contractors and other non-permanent employees including casual workers.
The Conservatives have released a plethora of policies designed to support small businesses and the tourism industry to improve access to credit, increase eligibility and increase forgivable elements. All of these policies recognize the importance of the tourism industry and small businesses to our economic future and recovery.
Securing the Environment
To conserve lands in all parts of Canada, including the southern working landscape, Conservatives will:
- Reach the target of protecting 17% of Canada’s land and water and work towards 25%
- Restore funding for the National Wetland Conservation Fund and the Recreational Fisheries Conservation Partnership Program, which Justin Trudeau cancelled.
- Support Wetlands and Watershed Protection Our wetlands, rivers, and lakes are essential to our quality of life. They provide us with drinking water, provide critical habitat for fish and wildlife, and offer recreation opportunities.
To clean up our waters and protect water quality, we will:
- End Raw Sewage Dumping
- Reinstate the Lake Simcoe Clean-Up Fund
To tackle the challenge of Plastic Waste - Canada’s Conservatives will:
- Ban the export of plastic waste
- Work with international partners to combat oceans plastic
- Improve value recovery from plastics
Tackling Climate Change
- Personal Low Carbon Savings Accounts: Canada’s Conservatives will work with the provinces to implement an innovative, national, Personal Low Carbon Savings Account. This will put a price on carbon for consumers without one penny going to the government. It will be completely transparent and engage consumers in the process of building a lower carbon future.
- More zero-emissions vechicles
- Lower industrial emissions
- More reneweable natural gas
- Low Carbon Fuel Standard - We’ll finalize and improve the Clean Fuel Regulations to reduce carbon emissions from every litre of gasoline (and other liquid fuels) we burn, turning them into a true Low Carbon Fuel Standard.
- Carbon Capture, Utilization and Storage (CCUS) is a key part of what will allow our energy sector to become even cleaner and a major building block of the energy transition. Invest a total of $5 billbion in CCUS.
- Natural Climate Solutions We will invest an additional $3 billion between now and 2030 in natural climate solutions focused on management of forest, crop and grazing lands and restoration of grasslands, wetlands, and forests. These solutions can have multiple benefits: not only will they help sequester carbon, but they can also provide protection for communities and additional benefits for wildlife.
- “First Five” Policy for Deploying New Emissions Reduction Technology One of the significant barriers for deploying new emissions reduction technology is that early adopters often pay higher costs as they learn how to apply the technology to real-world situations. To recognize this, we will provide tax relief to the first five facilities that use new technology that provides meaningful emissions reductions and has a high cost to build.
For more details on the Conservative plan to tackle climate change and secure the envionrment, please visit here.
New Democratic Party
NDP Party Platform ‘Commitments to Canadians’
The NDP’s have released their 155-page document which lays out many commitments previously made by the New Democrats in previous elections and also has new ideas that have been informed by Canadians’ struggles during the last 18 months of the pandemic.
The New Democrats will make EI benefits work for Canadians by:
- Creating low-income supplement so that no one who is relying on EI regular or special benefits to stay afloat receives less than $2,000 a month
- Permanently restart the Extra Five Weeks pilot project to help Canadians in seasonal industries bridge the gap between the end of EI and the start of seasonal work; and restore the economic regions in the territories and PEI to their 2014 boundaries.
In order to support small businesses & jobs, the NDPs will:
- Continue the small businesses wage and rent subsidies until small businesses are able to fully reopen; and put in place a long-term hiring bonus to pay the employer portion of EI and CPP for new or rehired staff.
- The NDPs recognize that a shortage of workers is a major barrier for many small businesses operating in rural areas, they are committed to making new investments in training Canadians and boost support to traditionally underemployed groups, ensuring that they can access good jobs that pay a fair wage.
- put in place a living federal minimum wage starting at $15 an hour and rising to $20 an hour, indexed to the cost of living – setting a national standard for a fair, living wage
- capping high credit card merchant fees at a maximum of 1% to help small businesses
- strengthening and modernizing the Investment Canada Act to protect Canadian jobs
- dedicated support to get the hard-hit tourism sector back on its feet; ‘small business recovery plan’
New Democrats will work with the provinces to update federal standards and bring in a permanent safety net of paid sick leave across the country, and to close the gap until every worker has access to paid sick days, we will fix the Canada Recovery Sickness Benefit and keep it going until all Canadians have access to paid sick days.
- Allowing sick leave to be taken by workers one or two days at a time, give full income replacement to workers who are sick, and reimburse employers instead of putting the onus on workers to apply for the program. Immediately to legislate 10 paid sick days in the Canada Labour Code for federally regulated workplaces
Creating new jobs and opportunities:
- Scrap the failed Invest in Canada agency and create iCanada, a one-stop shop inside the federal government to help attract investors to Canada and turn their plans into reality – and champion Canadian industry on the international stage.
- Canadian start-up culture, with a focus on helping Canadian companies in all regions of the country commercialize new technologies and scale-up, train and retain the highly-skilled Canadian workforce needed to support industry growth, and bolster Canadian competitiveness on the world stage.
Remove interest from federal student loans, and to help lift the debt burden from young people starting out. Introducing:
- a targeted debt forgiveness program for graduates that will forgive up to $20,000 in student debt.
- In the first year alone, this will wipe out 20% of all student debt and help 350,000 borrowers save money every month.
Building infrastructure to help communities thrive
- from roads and bridges to community centres, long-term care, child care centres and everything in between. These investments will create good jobs in every part of the country
- provinces, territories and Indigenous communities to create an affordable public transit service that connects rural areas, including restoring cancelled bus services, expanding into under-served areas, restarting the Ontario Northlander train, re-establishing vital regional air routes and much more to keep our communities connected
Protecting our Environment
- We will take climate leadership, building on Canada’s new net-zero law, by setting an ambitious target of reducing our emissions by at least 50% from 2005 levels by 2030. To help us reach that goal we would eliminate fossil fuel subsidies, put in place carbon budgets and change the mandate of the Bank of Canada to focus on contributing to net zero.
- We will create good jobs in all regions, with green infrastructure investments that will ensure that working people are not left behind as the world moves to a zero-carbon economy. Our plan to create one million new good jobs will help rebuild local economies while helping vulnerable workers and those impacted by the shifting economy.
- We will improve where we live and work, because these improvements help reduce carbon pollution, save money, and make life better for everyone. This means retrofitting all buildings in Canada by 2050. And we would create a National Crisis Strategy to help communities reduce and respond to climate risks, complimented by a new Climate Corps of young workers to respond to climate impacts and build an equitable clean-energy economy.
- We will change how Canadians get around, because improving transit and getting our transportation infrastructure right will create jobs, strengthen communities, and reduce our carbon footprint.
- We will support transit by permanently doubling the Canada Community-Building Fund and we will develop a public inter-city bus program.
- We will power our communities carbon-free, with a clean energy revolution to power Canada into the future. To do this we will set a target of net carbon-free electricity by 2030, and move to 100% non-emitting electricity by 2040.
- We will protect our land and water, safeguarding our outdoors to ensure a good quality of life for Canadians. This includes enshrining in law an Environmental Bill of Rights and protecting 30% of our land, freshwater and oceans by 2030.
- And we will do it by working together, putting the United Nations Declaration on the Rights of Indigenous Peoples – which is now law – into action in our collective fight against the climate crisis. And creating an Office of Environmental Justice to address the disproportionate impacts of pollution and loss of biodiversity on low-income, racialized and other marginalized communities
For more details on the NDP's plan to protect the environment, please visit here.
The Green Party of Canada released its full election platform titled ‘Be Daring.’ The platform includes several initiatives, proposed programs and measure aimed at helping businesses across Ontario recovery from the pandemic and succeed in the future. The platform focuses on strengthening the economy while also protecting the environment.
Supporting the tourism industry
- Extend wage and rent subsidies until COVID-19 pandemic-related restrictions are fully lifted.
- Establish permanent funding for festivals and events that celebrate Canadian Heritage.
- Provide $25 million in additional funding to aid museums and cultural organizations in both post-pandemic reopening and continuing to offer accessible digital offerings.
- Increase funding to $1 billion over 3 years to all of Canada’s arts and culture organizations including the Canada Council for the Arts, Telefilm Canada, orchestras, theatres, galleries and publishers.
- Provide $100 million in funding and incentives over three years for the creation and conservation of Indigenous art forms, particularly creative knowledge that is passed through the generations.
Small businesses are the backbone of the Canadian economy. A Green government will:
- Hold the small business tax rate at no more than 9%.
- Reduce the paperwork burden on small businesses by eliminating duplicative tax filings and red tape.
- Reduce bureaucracy and streamline approvals for Small and Medium Enterprises (SMEs) to adopt technologies.
- Provide affordable and accessible internet services across Canada, including rural areas.
- Establish a federally funded Green Venture Capital Fund of $1 billion to support viable small local green business start-ups.
- Subsidize the implementation of new clean technologies across all SMEs
Supporting rural businesses. A Green government will:
- Continue to support the Universal Broadband Fund, and retain that funding with an additional $150 M annually over 4 years to reach communities at the lowest end of the eligibility spectrum
Create better connections for Canadians and travellers. A Green government will:
- Invest $500 million in 2022-23, rising to $720 million by 2024 to develop regional rail networks and strengthen rail connections between regions.
- Build electrified, 200 km/h or faster, high-speed rail in the Toronto-Ottawa-Montreal-Quebec City triangle and the Calgary-Edmonton corridor.
A Green Future
1. Achieve net zero emissions as quickly as possible.
2. End all production of fossil fuels.
3. Support a Just Transition for workers
4. Enact a detailed Carbon Budget, determining the cumulative amount of GHG that Canada can emit to do its part to keep warming to 1.5 degrees Celsius.
5. Accelerate the increase in carbon taxes.
→ Beginning in 2022 and up to 2030, increase carbon taxes by $25 per tonne each year.
6. Improve waste management and circularity.
7. Introduce a Carbon Border Adjustment.
8. Develop a national-renewable energy electricity grid
9. Support Green Buildings
10. Invest in Green Transportation
11. Ban the Development of new nuclear power in Canada
12. Invest in state-of-the-art assessment of climate change impact risks and planning with associated disaster management measures.
13. Develop pathways for Canda to go carbon-negative
Fufilling our International commitments: Global solutions to a global challenge
a) Fufilling exisiting commitments to international climate change efforts
b) Invest in green infrastructure in developing countries to offset energy poverty
c) Ban the export of thermal coal from Canada
1. Establish a high-level Office of Environmental Justice at Environment and Climate Change Canada
2. Create an independent, scientific, non-partisan, diverse Climate Council to advise the government
3. Provide universal access to safe, inclusive, and accessible green and public spaces
4. . Mobilize Canada’s fair share of international climate finance, calculated at approximately $1.84 billion per year to 2025, and lead negotiations towards the achievement of a post-2025 international climate finance target.
→ Invest in scientific research and implement the full funding recommendations from Canada’s Fundamental Science Review.
→ Increase R&D spending to 2.5% of GDP, bringing Canada in line with the OECD average.
→ Increase funding for the granting councils to $2.3 billion, including the Natural Sciences and Engineering Research Council (NSERC), the Social Sciences and Humanities Research Council of Canada (SSHRC) and the Canadian Institutes for Health Research (CIHR). Ensure all grants by the