As Canada’s fiscal year kicked off in April, governments began tabling their budgets and revealing their priorities for 2024. At the federal and provincial levels, the most notable priority to come out of this year’s budget cycle is housing. Governments across Canada are looking to tackle the nation’s severe housing crisis and make homeownership more affordable for younger generations. In addition to housing, there are some new and innovative spending programs being introduced this year, but the 2024 budget cycle is largely meant to boost funding in core areas like education, healthcare and public safety.
Deltek’s GovWin IQ platform and research team cover the Canadian government contracting markets extensively, and our research has found that in a time of economic uncertainty, governments are deliberately prioritizing basic issues, which are often the ones most important to Canadians. Some jurisdictions in Canada will also be holding elections soon, and their budgets are an appeal to voters on fundamental concerns.
Read more: Canadian 2024 Federal and Provincial Budgets: Crafted with Canada’s Younger Generations in Mind
The Canadian Association of Defence and Security Industries (CADSI) is the national voice of Canada’s defence and security industry. Representing nearly 1,800 companies from coast to coast, CADSI advocates for a competitive, innovative, and resilient industrial base that contributes to Canada’s security, sovereignty, and economic prosperity.