Canada’s income gap is growing. Will Budget 2024 help affordability?
The 2024 budget tabled by Finance Minister Chrystia Freeland Tuesday promised to put money back into Canadians’ wallets. So what will that look like?
Canada
Apr 18
Ottawa changing RRSP Home Buyers’ Plan, some mortgage amortization rules
Finance Minister Chrystia Freeland unveiled changes on Thursday aimed at making it easier for first-time buyers to break into the housing market.
Money
Apr 11
Liberals launching $500M fund for youth mental health
Finance Minister Chrystia Freeland made the announcement Tuesday in Ottawa alongside other cabinet ministers, including Ya'ara Saks, the minister of mental health and addictions.
Politics
Apr 9
Ottawa receives national school food proposal ahead of federal budget
With the federal budget just weeks away, a framework for a national school food program has landed on the desk of Finance Minister Chrystia Freeland.
Canada
Mar 22
Liberals having ‘very good’ budget talks with NDP, says Freeland
Freeland was asked if the Liberals were willing to go to polls if the NDP doesn't vote to support the federal budget through the House of Commons.
Canada
Apr 22
Ottawa to top up Canada Housing Benefit rent support by $99M: Freeland
The federal government will top up the Canada Housing Benefit by $99 million, Deputy Prime Minister Chrystia Freeland announced on Tuesday.
Politics
Feb 6
All a-boot tradition: A look at finance ministers’ budget shoes through the years
While purely ceremonial, the selection of the finance minister’s shoes can be a hint into what the budget may hold. Here’s a look at Canada’s fiscal footwear through the ages.
Canada
Apr 16
Ottawa to extend foreign home buyer ban another two years
Finance Minister Chrystia Freeland said the federal government is extending its ban on foreign homebuyers for another two years as part of efforts to ease Canada's housing crisis.
Canada
Feb 4
Budget 2024 should include funding for disability benefit, Liberal MPs urge
MP Ryan Turnbull says the benefit, which is designed to help keep people with disabilities out of poverty, is a 'legacy social policy' for the government.
Politics
Mar 25
Federal budget gets thumbs up from Guelph mayor, MP
Cam Guthrie is pleased more is being done to build more homes while Lloyd Longfield feels a national school food program will help children in Guelph.
Politics
Apr 22
Tired of after-hours emails? Budget 2024 plans ‘right to disconnect’
If your boss calls, texts or emails after hours, a change being proposed in Budget 2024 could give some Canadian workers the right to ignore them.
Canada
Apr 16
‘A real letdown’: Disabled B.C. man reacts to federal disability benefit
“It was almost like a dagger going through my heart — a real letdown,” the B.C. man said. “After finding out that it was only $200, it was very disheartening.”
Canada
Apr 21
30-year amortizations will only impact a ‘sliver’ of the housing market: BMO
The Liberal government's shift to allow 30-year mortgage amortizations for some first-time homebuyers will impact a 'small segment' of the housing market, a BMO economist says.
Money
Apr 12
Capital gains changes are ‘really fair,’ Freeland says, as doctors cry foul
The Canadian Medical Association is asking the federal government to reconsider its proposed changes to capital gains taxation, arguing it will affect doctors' retirement savings.
Canada
Apr 23
Honda to build electric vehicles and battery plant in Ontario, sources say
Honda Canada is set to build an electric vehicle battery plant near its auto manufacturing facility in Alliston, Ont., where it also plans to produce fully electric vehicles.
Canada
Apr 22
Budget 2024 will propose making wealthiest ‘pay more,’ sources say
The Liberals plan on including measures in the 2024 budget to make sure the wealthiest Canadians "pay more," according to three government sources,
Canada
Apr 15
‘A swing and a miss’: Saskatchewan premier comments on federal budget, deficit
Moe said the province asked the federal government to deliver two things in the budget: more funding towards municipal infrastructure and for the carbon price to be removed.
Canada
Apr 16
Freeland set to table 2024 federal budget in the House of Commons
The Liberal government has already unveiled significant planks of the budget over the last few weeks during a campaign-style tour aimed at drumming up attention for their agenda.
Politics
Apr 16
Canada wants to build millions of homes. But does B.C. have the workforce to do it?
Tuesday's budget aims to build 3.87 million new homes by 2031, backed by $8.5 billion in spending on housing initiatives, but does B.C. have enough construction workers?
Economy
Apr 17
Budget 2024: Liberals look to offset drug plan cost with higher smoking, vaping taxes
The increased cash flow coincides with the launch of a new $1.5-billion drug plan to offer universal coverage for contraceptive and diabetes medications.
Health
Apr 16