Youth Proposal: Manufacturing Subsidy Program: $1000M/year for 3 years

Baker Duck
Submitted by pondadmin on

Jurisdiction: Federal

Summary

This proposal establishes a Industry Subsidy Program providing $1000 million annually to the manufacturing sector for 3 year(s), aimed at boosting economic activity and job creation.

Problem Statement

The student identified the following policy goal: > I want to help Canadian manufacturers compete with foreign companies This proposal addresses this goal through targeted fiscal intervention.

Proposed Solution

## Proposed Action Establish a federal industry subsidy program providing $1000 million annually to the manufacturing sector for 3 year(s). ## Budget - Annual Cost: $1000 million - Duration: 3 year(s) - Total Program Cost: $3.0 billion ## Expected Impact - Estimated job creation: 25,500 jobs

Fiscal Impact

Year 1: $1,000,000,000.0 million, Ongoing: $1,000,000,000.0 million/year

This proposal was developed by students using the Ducklings civic education platform.

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