Billions of new spending announced in 2024 federal budget


by CHCH

CHCH— Hamilton, Halton, Niagara and area news from CHCH - Hamilton, Halton, and Niagara news.. Finance Minister Chrystia Freeland is promising billions in new spending in the federal budget, while also laying more taxes on the highest earners. Freeland announced this year’s federal budget inside the House of Commons Tuesday afternoon. After weeks of teasing many budgetary items, the Liberal government unveiled its plans on how it intends to offset […]

CBC—Freeland's new federal budget hikes taxes on the rich to cover billions in new spending. Finance Minister Chrystia Freeland’s fourth budget delivers a big-ticket housing program for millennials and Generation Z voters — a multi-billion dollar commitment to be paid for in part with a tax hike on the rich and corporate Canada.

CHCH—Canada's 2024 budget sees billions in new spending. Hamilton, Halton, Niagara and area news from CHCH - Hamilton, Halton, and Niagara news.. Budget 2024… titled “Fairness for Every Generation.” It has people talking online because the federal Liberals are spending more than $52 billion more than planned over the next five years. With interest rates at a 20-year high, Ottawa’s cost to borrow has spiked from just over $20 billion in 2020 to a whopping $54.1 billion […]

Global News—Budget 2024 tries to sell youth a more affordable life with billions in spending. The Liberal government’s 2024 federal budget includes tax changes and efforts to make life more affordable for millennial and gen Z Canadians.