The Greater Vancouver Board of Trade Stresses Importance of Victoria-Ottawa Cooperation in Achieving Federal Budget Goals
The Greater Vancouver Board of Trade (GVBOT) has highlighted the significance of collaboration between Victoria and Ottawa in order to fulfill the commitments outlined in the federal budget.
Bridgitte Anderson, President and CEO of the GVBOT, lauded the budget as a positive message to global investors, signaling that Canada is ready for business opportunities.
Anderson noted that the budget introduces measures like productivity super deductions and other incentives that aim to remove obstacles for investors and facilitate investment in the country.
Moreover, she emphasized the budget’s emphasis on infrastructure projects, positioning British Columbia (B.C) as a front-runner in this long-term investment endeavor as described by federal Finance Minister François-Philippe Champagne.
Anderson stressed the importance of effective coordination between provincial and federal authorities in implementing the budget for its success.
She also mentioned the necessity for a shift in focus from social spending to strengthen Canada’s economy, suggesting that Minister of Jobs Ravi Kahlon’s forthcoming industrial strategy will play a crucial role in aligning economic visions between the B.C. government and the federal government.
Keyphrase: federal budget cooperation