Budget 2024

• Just before the election, Liberals handed out 411 cheques worth $3.86B

  During the last Parliament Global News tracked more than 20,000 spending announcements worth $110 billion combined, some of which appeared to support the Liberals' political goals.

  Politics

  Jun 2
  
• Here’s how capital gains tax changes will work after Parliament prorogued

  When Prime Minister Justin Trudeau announced his pending resignation and prorogued Parliament, planned changes to how capital gains will be taxed were left in limbo.

  Money

  Jan 7
  
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• Deficit likely surpassed Liberal pledge for $40B cap this past year: PBO

  The PBO also projects in its latest economic and fiscal outlook today that weak economic growth this year will begin to rebound in 2025.

  Economy

  Oct 17, 2024
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• Capital gains changes will bring in billions — but less than Ottawa expects: PBO

  Changes to how capital gains are taxed in Canada will bring in $17.4 billion over the next five years, according to the Parliamentary Budget Officer.

  Money

  Aug 1, 2024
• Capital gains tax changes approved in House of Commons, Conservatives oppose

  The Conservatives have not previously stated their position on the government's plan to increase capital gains taxes to help pay for investments in health care and housing.

  Politics

  Jun 11, 2024
• Liberals introduce capital gains tax changes. Here’s what to know

  Proposed changes to how Canadians' capital gains are taxed have been tabled in the House of Commons. Here's what to know about the bill and the controversy.

  Politics

  Jun 10, 2024
• Capital gains changes could have ‘irreversible’ effects, business groups warn

  Six large industry groups wrote in a letter to Freeland that the proposed capital gains changes will impede economic growth and come at the expense of future generations.

  Canada

  May 9, 2024
• 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, 2024
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• Capital gains tax changes aren’t in the budget bill — but still coming: Freeland

  Canada's Finance Minister Chrystia Freeland affirmed her commitment to introduce changes to how capital gains are taxed, despite the measure not being included in the budget bill.

  Politics

  Apr 30, 2024
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• Capital gains changes spur cottage market ‘anxiety.’ Will owners rush to sell?

  Owners in Canada's cottage market are grappling with changes proposed in the 2024 federal budget that could affect taxes on capital gains. Here's how the market could react.

  Money

  Apr 30, 2024