A Toronto-based real estate company says it is planning to build 5,000 new rental units in urban centres across the country as a result of the federal government's decision to eliminate GST charges on rental developments.
The federal government needs to issue another $500 benefit payment for low-income families struggling to keep a roof over their heads, NDP Leader Jagmeet Singh said on Thursday, August 31, 2023.
NDP Leader Jagmeet Singh is touring Atlantic Canada in an effort to highlight affordability issues — and flip two Liberal seats in the next federal election.
The Liberal government has continued to fulfil its promises to the NDP within its second federal budget since the parties struck a confidence-and-supply agreement in March 2022.
The federal government announced $59.5 billion of new spending over the next five years as part of a narrowly focused budget that also promises to find savings in the public service and increase tax revenues.
A second top-up to GST rebate cheques for low-income Canadians and "significant" new tax measures to keep Canada in the green technology game will be among the highlights in Finance Minister Chrystia Freeland's federal budget on Tuesday.
Finance Minister Chrystia Freeland is set to table a federal budget in the House of Commons on Tuesday afternoon, which a federal source says will include plans to go after predatory lending and more details on dental care as part of a pitch to make life more affordable.
The New Democrats have used their agreement with the Liberal government as leverage to push for more ways to save Canadians money in the next federal budget, leader Jagmeet Singh says.
Governments looking to provide inflation relief to Canadians should choose measures that are well targeted and temporary, says Bank of Canada governor Tiff Macklem.
People who receive the GST rebate can expect to see an extra cheque this year that will double the amount of the benefit for the next six months, after the Liberal government's Bill C-30 became law on Tuesday.
