2014 Federal Post-Budget Address: The Honourable James Moore

On February 14, 2014, the Vancouver Board of Trade, in partnership with Chartered Professional Accountants of BC, hosted a federal post-budget briefing at the Fairmont Hotel Vancouver with His Honourable James Moore, Minister of Industry.

The Minister’s presentation reinforced the government’s message that Canada is one of the strongest economies in the G7. Canada has performed better than most G7 economies during the global economic downturn and recovery process; only the United States has fared better in terms of economic growth.

Some highlights from the Budget that are of interest to British Columbians include:

  • $222 million in physics research at UBC’s TRIUMF physics laboratory;
  • improving broadband internet in rural and northern communities;
  • $90 million to the Forest Industry Transformation program; and
  • $390 million to Parks Canada to improve and repair the facility and infrastructure around national parks and historic canals, including the Trans-Canada highway passing through Glacier National Park in British Columbia.

Playing on the Olympic theme, Minister Moore spoke of pride as he highlighted the achievements Canada has made in the past few years. These include:

  •  free trade agreements with 42 countries around the world;
  • 1 million net new jobs created since the end of the recession in July 2009; and
  • nearly $3,400 of tax relief savings for a typical family of four in 2014.

Moore was first elected as Member of Parliament for Port Moody—Westwood—Port Coquitlam in 2000. He previously served as Minister of Canadian Heritage and Official Languages and the Minister Responsible for British Columbia, before appointed as the federal Minister of Industry.