NEW GLASGOW — Central Nova MP Sean Fraser is pleased with measures in the federal budget that he says will help local residents.
“I was very pleased,” he said. “It’s a budget that will benefit Atlantic Canadians through jobs, growth and innovation. We’ve created a plan for the first term.”
He noted the $325 million fund to the seafood industry in Atlantic Canada, the $11 billion he said will ensure seniors have affordable housing over time and the measures to provide employment insurance to those wishing to attend a trade school to find a place in the workforce.
“EI should not encourage people to stay home,” he said. “It will encourage them to go back to work.”
Fraser also pointed to the $1.5 billion set aside for ocean shoreline protection.
Mandatory gender-based analysis with regard to what women are paid and the Canada Child Benefit program were also highlighted.
Fraser referred to the budget’s emphasis on trade export and transportation as a key economic driver.
“Helping local businesses export is key,” he said. “We have to take advantage of those opportunities.”
He said it’s part of the infrastructure spending the federal government committed to before and after the Liberals took office.
“We created a plan for the first term,” he said. “I hope we have another one.”
Projections range between the high 20s and low 30s in terms of the percentage of the country’s debt in proportion to its gross domestic product.