Fall Economic Statement
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Fall economic statement does not show fiscal restraint: parliamentary budget officerYves Giroux told MPs at a House of Commons finance committee that the federal government is spending a significant portion of the new fiscal room it has this year.EconomyNov 28, 2022
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Province set to quintuple exempt earnings for Ontario disability support recipientsOntario will allow disability support recipients to earn more in exempt funding, but it is unclear how effective it will be with less than 10 per cent of recipients working.CanadaNov 14, 2022
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Ontario unveils short-term boost for low-income seniorsOntario will double the Guaranteed Annual Income System (GAINS) payment throughout 2023, the province announced in its fall economic statement.EconomyNov 14, 2022
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Fall economic statement offers new supports amidst ‘uncertain’ economic future for OntarioThe Ford government has unveiled its fall economic statement with a handful of tax cuts and changes as the province braces for ‘economic turbulence on the horizon.’EconomyNov 14, 2022
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Ontario plans to maintain gas tax cut for a further yearIn July, Ontario announced it would cut the gas tax by 5.7 cents per litre until the end of the year. At the time, Ford indicate he would consider an extension.EconomyNov 13, 2022
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TC Energy seeking to sell off $5 billion in assets in 2023 to fund future projectsIn a conference call to discuss third quarter financial results Wednesday, TC Energy's chief executive said it will sell off assets to help finance its larger expansion goals.CanadaNov 9, 2022
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Taxing share buybacks unlikely to boost investment, experts sayThe Liberals' plan to impose a two per cent tax on stock buybacks is unlikely to encourage corporate investment in Canada, according to experts.ConsumerNov 8, 2022
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Freeland acknowledges Disney+ cancellation comment ‘privileged’Finance Minister Chrystia Freeland said she recognized that it is not people like her, who have "really good fortune," who are struggling the most in Canada today.PoliticsNov 7, 2022
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‘Slash and burn’ economics not the answer to global woes, Freeland warnsDespite a dire economic prognosis for the global economy, the FES still contained some $30 billion net in new spending measures over the next six years.CanadaNov 6, 2022
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Conservatives, NDP slam government’s ‘out of touch’ fall economic statementOpposition parties are criticizing the federal government's fall economic statement for not doing enough to help Canadians amid high inflation and rising household bills.EconomyNov 3, 2022
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