Department of finance, State agency

The Canadian government has allotted USD 80.93 billion (C$101.4 billion) over the next three years towards recovery from the economic devastation inflicted upon the country the coronavirus pandemic, the country's 2021 federal budget revealed.On Monday, Canada's Deputy Prime Minister and Finance Minister, Chrystia Freeland, delivered the country's first budget since March 19, 2019."Budget 2021 includes C$101.4 billion over three years in proposed investments as part of the government of Canada's growth plan that will create good jobs and support a resilient and inclusive recovery," Canada's Department of Finance said in a press release.The stimulus package includes funding towards a child-care program, extending the Canada Emergency Response Benefit (CERB) - a USD 1,400 monthly benefit for workers affected by the novel coronavirus pandemic - and establishing a USD 11.97 (C$15) federal minimum wage.According to the budget, Canada's real GDP and employment levels are expected to reach pre-pandemic levels at some point during 2021, ahead of schedule according to the Department of Finance. (/Sputnik)( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Department Of FinanceFOLLOW

Department of finance, Latest News

National :Can Turkmenistan's new president get TAPI project back on track?

New Delhi, March 21: On March 19 Turkmenistan sworn in its new president. The country's vice Prime Minister Serdar ... ...

International :Russian forces take control of Chernobyl power plant

Russian forces have taken control of the Chernobyl power plant in northern Ukraine on Thursday (local time), as per an official. ...

International :Canada allots USD 80.93 billion budget toward pandemic recovery plan

The Canadian government has allotted USD 80.93 billion (C$101.4 billion) over the next three years towards recovery from the economic devastation inflicted upon the country the coronavirus pandemic, the country's 2021 federal budget revealed. ...