Today’s federal budget recognized that investing in clean water and climate action will deliver many benefits to the economy, to communities, as well as to the health and quality of life of Canadians. As the Government of Canada outlined its intentions to build a clean economy, one that aims to advance sustainable development while reducing environmental risks, new investments in freshwater protection and biodiversity will make important contributions to this goal. Budget 2023 announced new measures to support monitoring, assessment, and restoration of some of Canada’s most iconic – and threatened – lakes and rivers. Over 10 years, $650 million will help to assess and rejuvenate the Great Lakes, Lake Winnipeg, Lake of the Woods, St. Lawrence River, Fraser River, Saint John River, Mackenzie River, and Lake Simcoe.