Federal Budget 2016 Highlights

The federal Liberal Government’s first budget contained quite a few items that directly impact the fishing and marine industries in Atlantic Canada. Some of the most notable were extension changes to the Employment Insurance program. Dramatic declines in global oil prices since late 2014 have produced sharp and sustained unemployment shocks in commodity-based regions. In response to these unemployment shocks, Budget 2016 proposes to make legislative changes to extend the duration of EI ...