Finance Minister Chrystia Freeland today tabled a 400-page-plus budget her government is pitching as a balm for anxious millennials and Generation Z. The budget proposes more than $52 billion in new spending over five years - and a focus on getting more affordable houses built. Here are some of the notable funding initiatives and legislative commitments in budget 2024.
OTTAWA - With a variety of fiscal and policy measures announced in the federal budget, here's a look at some of the winners and losers: Winner: Small businesses Carbon tax rebates for small businesses are coming, five years after consumers began receiving their share. The measure is “a big relief,” says Dan Kelly of the Canadian Federation of Independent Businesses, which represents the sector. The budget says as many as 600,000 small firms would be eligible for a share of $2.5 billion. ...
Hamilton, Halton, Niagara and area news from CHCH - Hamilton, Halton, and Niagara news.. Still trending here in Canada is the federal budget after it was tabled by the Liberals in the House of Commons on Thursday. Prime Minister Justin Trudeau is accusing the Conservatives of siding with multi-millionaires and standing against fairness, after the Tories said they won’t support the proposed budget. In it, the Liberals included a […]
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 […]
OTTAWA - Finance Minister Chrystia Freeland introduced the 2024 federal budget on Tuesday. Some key highlights: Housing In hopes of building nearly 3.9 million new homes across Canada by 2031, the government plans to: increase the capital cost allowance rate for apartments from four to 10 per cent, allowing builders larger tax writeoffs; extend the mortgage amortization period to 30 years for first-time homebuyers purchasing new builds; make more public lands available for...
Local developers are calling the multibillion-dollar affordable housing measures in the 2024 federal budget “a good start” but say much work remains before any real impact is felt. The Liberal government on Tuesday committed to spending $8.5 billion on various housing programs to build nearly 3.9 million residences across the nation by 2031. “Overall, you […]
More than 25 MPs have not spoken once in the House of Commons so far in 2024
The Canadian Association of Professional Employees is blaming inadequate equipment on Parliament Hill for multiple interpreter injuries in recent years.
OTTAWA - The federal government is eyeing underutilized Canada Post and National Defence properties as a way to deliver affordability and supply to the country's housing market. In its federal budget released Tuesday, it announced plans to free up lands held by both entities in order to build housing at a pace and scale “not seen in generations” and help younger Canadians get into the real estate market. The goal is creating a supply of 3.87 million new homes - adding two million net new...
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.
Lock them up If I ran financial and fiduciary deficits in my personal and corporate life like Chrystia Freeland and Justin Trudeau do with our country, I’d be in jail. Mike King (It is criminal.) Who gets your vote? The SUN should conduct a poll to see which world leader is the most skilled. I […]
Fort McCoy will hold its 2024 Armed Forces Day Open House on May 18 at the installation’s historic Commemorative Area.