Budget 2024

Tax and spend fiscal plan will inhibit growth

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A message from Goldy Hyder:

Dear friends,

I don’t need to tell you these are extraordinary times.

Despite the challenges of our new reality, I have been heartened by the spirit of Canadians who have heeded the calls for physical distancing while still finding ways to look after family members, neighbours and the less fortunate.

I have also been encouraged by the response of businesses across the country that have contributed to the fight against COVID-19. For some, that means shifting production lines to produce urgently needed medical supplies. For others, it means ensuring our grocery stores are stocked with food and other necessities. In ways too many to count, Canadian businesses have stepped up.

My focus now is on the days and weeks ahead. Our governments have taken important steps to address the health emergency and provide much-needed financial support to those affected by the virus. But I believe we can do more.

As I noted in a letter I sent on the weekend to the Prime Minister, it is time for a more nationally coordinated response to plank the curve of the spread of the virus. Beginning immediately, all Canadians should be told, not asked or advised, to stay at home unless their jobs are essential or they must leave the home to purchase food and other necessities.

Canada is one country and the coronavirus doesn’t discriminate based on jurisdiction. We will get through this if we work together.


Goldy Hyder
President and CEO
Business Council of Canada