Budget 2024
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Deficit likely surpassed Liberal pledge for $40B cap this past year: PBOThe PBO also projects in its latest economic and fiscal outlook today that weak economic growth this year will begin to rebound in 2025.EconomyOct 17
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Capital gains changes will bring in billions — but less than Ottawa expects: PBOChanges 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.MoneyAug 1
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Capital gains tax changes approved in House of Commons, Conservatives opposeThe 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.PoliticsJun 11
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Liberals introduce capital gains tax changes. Here’s what to knowProposed 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.PoliticsJun 10
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Capital gains changes could have ‘irreversible’ effects, business groups warnSix 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.CanadaMay 9
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Budget 2024 won’t have much effect on inflation, Bank of Canada head saysTiff Macklem testified at a Senate committee that the spending plan tabled last month hasn't changed the federal government's fiscal track by much.EconomyMay 1
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Capital gains tax changes aren’t in the budget bill — but still coming: FreelandCanada'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.PoliticsApr 30
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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.MoneyApr 30
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Justin Trudeau highlights supports for Saskatchewan Indigenous communitiesPrime Minister Justin Trudeau was in Saskatoon on Tuesday discussing supports for local Indigenous communities.PoliticsApr 23
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What is a halal mortgage? How interest-free home financing works in CanadaAs 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.'MoneyApr 23
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