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.
Cash for home retrofits and a new investment tax credit to bolster electric vehicle supply chains are among the most notable climate measures in Budget 2024.
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.
In a letter shared on social media, MP Pam Damoff says the benefit, which is designed to help keep people with disabilities out of poverty, is a "legacy social policy" for the government.
The findings from Leger come approximately one month before the federal government unveils its next budget. And environmental advocacy groups are urging Finance Minister Chrystia Freeland to respond to public support by taxing the record profits of the fossil fuel sector.
Federal Finance Minister Chrystia Freeland says she stopped at a recently built downtown Victoria rental apartment building on Monday before meeting with British Columbia Premier David Eby, where housing was slated to top the agenda.
A federal budget that addresses young Canadians’ affordability challenges will likely have to focus on additional pocketbook issues, such as transit and post-secondary education.
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.
