Canada's premiers ended their annual three-day conference on Wednesday, July 12, 2023, with a call for a meeting with Prime Minister Justin Trudeau on infrastructure needs ranging from highways to housing.
The International Monetary Fund warns that Canada's green subsidies could stoke an international race to the bottom, even as it credits the country for a "multipronged" approach to addressing climate change.
Conservative Leader Pierre Poilievre's attempt to block the federal government's budget bill from passing earlier this month is the latest example of government spending coming under scrutiny amid high inflation.
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.