Childcare The Canada Child Benefit has been a key part of the Liberals’ policies aimed at “the middle class and those working hard to join it.” The benefits have given roughly $23.7 billion to about 3.7 million Canadians and their families, according to government numbers. The Liberals recently announced the maximum benefit will increase to $6,639 for each child under the age of six and $5,602 for each child between the ages of six and seventeen. Scheer says he will make maternity and paternal benefits “tax-free,” providing a non-refundable tax credit of 15 percent, and include a corresponding credit to apply in Quebec. The NDP is planning to invest $1 billion in affordable childcare in 2020 with plans to grow that investment annually. The Greens have yet to release any specific plans in this area. Pipelines & Oil Sector The oil and gas sector is Alberta’s largest industry and voters there have been pushing to build pipelines to get more oil to global markets. The current Liberal government purchased the Trans Mountain pipeline from Kinder Morgan to help complete the project despite objections from First Nations and the B.C. government. The Conservatives want to move ahead with the pipeline and have also promised to kill Bill C-69, which the federal government introduced to overhaul Canada’s regulatory process for large resource projects. The NDP and Greens have vowed to kill the pipeline outright.
Communications Look to rising cellphone and internet bills will be a popular talk point of this year’s campaigns as most consider this an essential need which needs more regulation by government. The Liberal’s campaign pledge is to reduce cellphone and internet costs either through a cap on monthly bills or by requiring major service providers tooffermobile virtual network operators. The NDP has announced it would impose a “price cap” on monthly bills that it estimates will save households about $10 a month for each service. The Greens have pledged to mandate affordable cellphoneplans but havenot providedany specifics yet. The Conservatives and People’s Party have not released any plans at this time but say that details are coming regarding their commitment to voters on wireless rates and services as the campaign continues. In the coming weeks a lot of promises will be made and there will be much for voters to think about as they head to the polls on October 21st. We just ask that you look at the facts, educate yourself on the platforms of all parties and make sure that you get out and vote for what you believe is right for you, your business and our great country. •
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SPOTLIGHT ON BUSINESS MAGAZINE • OCTOBER 2019
47 OCTOBER 2019 • SPOTLIGHT ON BUSINESS MAGAZINE
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