Budget 2024, by the numbers: Here’s how spending is being divvied up
Here are some key numbers from the Liberal government's federal budget, which includes $535 billion in total government spending for the 2024-25 financial year.
Canada
Apr 16
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
Budget 2024 won’t have much effect on inflation, Bank of Canada head says
Tiff Macklem testified at a Senate committee that the spending plan tabled last month hasn't changed the federal government's fiscal track by much.
Economy
May 1
Ottawa looks to launch national flood insurance program within 12 months
After years of work, the federal government says it plans on implementing a national flood insurance program within the next 12 months as part of the 2024 budget.
Canada
Apr 17
Not much ‘wiggle’ room as Edmonton council has final debate on 8.7% tax increase
City councillors are discussing amendments to the operating budget that would translate to a 8.7 per cent property tax increase for Edmonton homeowners.
Politics
Apr 23
Canada has a productivity problem. Will Budget 2024 help?
Canada’s 2024 federal budget promises about $7 billion to boost productivity. But experts question whether the moves in this budget will actually work.
Canada
Apr 17
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
Halifax council approves municipal budget that includes 6.3% residential tax hike
Halifax councillors have approved a municipal budget that includes a $306.5-million capital plan and a 6.3 per cent increase in residential taxes.
Canada
Apr 23
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
Disability benefit won’t lift Canadians in need above poverty line: advocates
Despite being touted by the Liberals as the budget’s largest line item, critics say the funding won't help the 1.4 million disabled people living in poverty across Canada.
Canada
Apr 22
Are cellphone bills falling in Canada? Critics question Ottawa’s claims
Trudeau drew the ire of social media users when he posted on X, that 'we’ve cut the cost of cellphone plans in half since 2019 — in part by increasing competition.'
Canada
Apr 22
2024 federal budget gets mixed reviews in Alberta amid housing crisis
On Tuesday, the federal Liberal government delivered its 2024 budget with promises to help young Canadians.
Canada
Apr 16
Budget 2024 failed to spark ‘political reboot’ for Liberals, polling suggests
Prime Minister Justin Trudeau's government is facing a steep hill to climb in the polls after the 2024 budget failed the sway voters back to Liberal Party, new polling shows.
Politics
Apr 23
8 key takeaways about what Budget 2024 means for your wallet
From a boost to the disability benefit to measures tackling airline and concert fees, banking changes and making it easier to change phone plans, here’s what to know.
Economy
Apr 16
Ottawa ‘doubling down’ on foreign aid amid global decline: minister
The Liberals pledged in their Tuesday budget to increase humanitarian aid by $150 million in the current fiscal year and $200 million the following year.
Canada
Apr 18
Federal budget borrows big from B.C. with new ‘Canada Builds’ housing plan
One of the major planks of the new federal housing program is a new initiative dubbed "Canada Builds," directly inspired by the B.C. government's BC Buids program.
Politics
Apr 16
TDSB deficit woes continue as provincial government refuses to step in
The Toronto District School Board has said it is facing a deficit of roughly $26.5 million for the upcoming year, even after some cuts have already been made.
Education
Apr 18
What is a halal mortgage? How interest-free home financing works in Canada
As part of the 2024 federal budget released last week, Ottawa said it is 'exploring new measures to expand access to alternative financing products, like halal mortgages.'
Money
Apr 23
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
Does Budget 2024 make it easier to buy a first home in Canada?
The 2024 budget included $8.5 billion in new housing initiatives. Here's what experts say that money means for prospective homebuyers trying to break into the market.
Money
Apr 17