Finance Minister Chrystia Freeland delivered a federal budget on Tuesday that keeps the deficit capped at $40 billion, thanks to higher-than-expected government revenues and new taxes that largely offset billions in new spending.
Finance Minister Chrystia Freeland has ruled out raising taxes on the middle class in the upcoming federal budget — but won't say if corporations or the wealthy are in for the same treatment.
Municipalities have been aggressively urging the federal government to commit more dollars toward infrastructure, noting their communities cannot significantly ramp up homebuilding to match population growth without things like water supply and roads.
Political support for the controversial agricultural framework has endured, despite the country's ongoing affordability crisis and critics who persistently warn that it's Canadian consumers who pay the price.
The parliamentary budget officer is projecting inflation will return to the Bank of Canada's two per cent target by the end of the year and the federal deficit will grow amid weakening economic conditions.
The Liberal government has finalized all of its deals with municipalities under the housing accelerator fund, a program it says has triggered Canada's biggest-ever movement to increase residential density.
Scott Pearce, president of the Federation of Canadian Municipalities, was speaking at a news conference in Ottawa ahead of the spring budget to call on the federal government for more infrastructure money.
Allowing international students to work more than 20 hours a week could distract from their studies and undermine the objective of temporary foreign worker programs, public servants warned the federal government in 2022.
Industry Minister François-Philippe Champagne is once again insisting that he is reaching out to international grocers in the hopes they will open up shop in Canada and spur more competition.