OTTAWA - The federal government expects that its latest effort to discourage Canadians from smoking, contained in the federal budget tabled Tuesday, will generate $1.7 billion in new revenue. That increased cash flow happens to coincide with the launch of a new $1.5-billion drug plan offering universal coverage for contraceptive and diabetes medications. Both programs were billed as new health measures in the budget tabled Tuesday in the House of Commons by Finance Minister Chrystia...
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.
The federal government is upping its funding for the CBC and Radio-Canada in its 2024 budget, easing the financial strain on the public broadcaster and the need for major job cuts and programming reductions this year.
As Brownsville ISD lays plans to cut $20 million from a $450 million operating budget, it also should lock in spending for major maintenance and technology replacement, Superintendent Jesus H. Chavez said at a budget meeting this week.
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 […]
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 […]
Canada’s federal budget, released this week, includes a proposal to limit the fees that banks charge customers for overdrawing their accounts. This move is expected to provide relief for low-income clients but could potentially impact the revenue of Canadian banks, Bloomberg reported Thursday (April 18). The proposed cap would be 10 Canadian dollars ($7) for non-sufficient funds […]
The budget for 2025-2028 will see the country's general rate of Value Added Tax (VAT) increase to 25.5 percent from the current level of 24 percent, with cuts to education and healthcare also in the pipeline.
Students will no longer receive general housing benefits, high-earners and pensioners will pay more tax and VAT will increase by 1.5 percentage points.
Canadian Prime Minister Justin Trudeau is imposing higher taxes on the wealthiest Canadians as part of the federal government
Canadian Prime Minister Justin Trudeau is imposing higher taxes on the
Hamilton, Halton, Niagara and area news from CHCH - Hamilton, Halton, and Niagara news.. Canadians have gotten a decent preview of the federal budget over the last three weeks as Prime Minister Justin Trudeau and his team embarked on a countrywide tour to sell their policies. Political expert, Keith Leslie, discussed what Canadians can expect ahead of Tuesday’s budget. READ MORE: Prime Minister Justin Trudeau announces federal housing program