Carney Pledges Cost-Cutting Measures as MPs Prepare for Key Session

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Prime Minister Mark Carney has stated that his administration is dedicated to reducing expenses for Canadians and safeguarding the nation’s sovereignty, while also admitting that some initiatives are still in their nascent phases.

“As we strengthen Canada, we remain intensely focused on lowering costs for Canadians and ensuring their safety. We understand that the complete advantages of our strategy will require some time to materialize,” he conveyed on Friday to a gathering of Liberal MPs.

Addressing the Liberal caucus as MPs geared up to return to the House of Commons next week, Carney welcomed three new members who secured victories in the byelections held in August.

The Conservative Opposition is honing its criticisms of the government. Conservative Leader Pierre Poilievre questioned at a press conference this week whether Canadians believe their lives have improved since Carney assumed office.

Carney, who recently concluded a hectic week that featured an investment summit in Toronto and a speech at the European Parliament in France, informed MPs that “that was merely the warm-up.”

“This session of the House of Commons is vital,” he stated to the caucus. “We are prepared to present some of the most significant legislation not only of this government but in decades.”

He revealed that the government plans to introduce a bill this fall aimed at expediting project reviews, which will be referred to as the Building Canada Strong Act.

“For projects and supply chains, our guideline will be straightforward: one project, one review, one year,” he explained.

“If we intend to decline, we should make that decision swiftly. If we decide to approve, we must do so punctually. When Canada resolves that a project should proceed, it will proceed.”

WATCH | Carney says another major projects bill coming:

Carney: ‘High standards do not mean decisions have to be slow’

September 18|

Duration

1:02

In his opening remarks to the Liberal caucus meeting on Friday, Prime Minister Mark Carney said new projects will be approved or denied with speed with the passage of his Building Canada Strong Act that will be tabled this fall. ‘Predictability is a competitive advantage,’ Carney said.

According to him, Canada can uphold its high standards for projects while also acting swiftly.

The Prime Minister mentioned that the government will also advance its bill regarding social media and AI regulations this fall.

“We have been hearing from families, educators, and medical professionals about concerns regarding children who have fallen victim to sexual abuse, cyberbullying, and extreme online violence,” he stated.

“The current situation is failing our youth. The technology firms will not resolve these issues. We will not remain passive.”

The administration is also preparing to unveil a new budget during this fall session, which is anticipated to last until December.

Carney indicated that the government will “control spending and enhance our balance sheet” in accordance with its fiscal strategy.

He noted that the government is now in a position to introduce additional support for social programs and expand child care, although he did not provide detailed information.

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