Establishing a digital entertainment-media cluster will attract economic opportunities
NEWS RELEASE: IMMEDIATE
24 OCTOBER 2017 – OTTAWA, ON
Ottawa, ON – Vance Badawey, Member of Parliament for Niagara Centre, today emphasized the government’s commitment to putting Canada’s skilled, talented, and creative people at the heart of a more innovative future economy – one that will create middle class jobs today and tomorrow.
“As our government moves ahead with targeted changes to the corporate tax system, we will ensure that incentives are maintained so venture capital and angel investors can continue to invest in the next generation of Canadian innovation,” stated Badawey.
“Our government will work with the venture capital and angel investment sectors to identify how this can be best achieved. Our government will work with these categories of potential investors to identify the best path to accomplish our goals. As highlighted by Minister Morneau today during his presentation of the Fall Economic Statement, our government’s objective is to support and enhance Canada’s growing innovation and technology sector. This echoes the Skills and Innovation Agenda that was announced in Budget 2017.”
Bill Morneau, Minister of Finance stated that, “Our plan to invest in our people and in our communities is working. Canada’s economy is growing faster than it has in a decade, allowing us to do even more to help the middle class and those working hard to join it. With lower taxes on small business, more support for parents, and more money in the pockets of low-income workers, we are working to grow the economy in a way that benefits all Canadians. And that is exactly what Canadians sent us here to do.”
Badawey stated emphatically that, “It is imperative that we work together with all stakeholders, partners, neighbouring jurisdictions and lead with Niagara-made economic ingenuity, focusing on economic sustainability through leveraged economic opportunities. Niagara is well positioned to strengthen a diverse economy, expanding into new sectors, such as establishing a digital entertainment-media cluster, integrating leading-edge technology with existing and future investment.”
Office of Vance Badawey M.P.