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budget 2024

Carbon rebate labelling in bank deposits fuelling confusion, minister says – National

by James Odonell
Carbon rebate labelling in bank deposits fuelling confusion, minister says – National

Canadian banks that refuse to identify the carbon rebate by name when doing direct deposits are forcing the government to change the law to make them do it, says Environment …

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Categories Politics

Ottawa looks to launch national flood insurance program within 12 months – National

by James Odonell
Ottawa looks to launch national flood insurance program within 12 months – National

The federal government says the plan is to implement a long-promised national flood insurance program sometime next year, setting aside $15 million in the 2025-26 fiscal year in Tuesday’s budget. …

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Categories Politics

Ottawa ‘doubling down’ on foreign aid amid global decline: minister – National

by James Odonell
Ottawa ‘doubling down’ on foreign aid amid global decline: minister – National

Foreign aid groups are hailing the federal Liberal government’s return to a policy of increasing humanitarian and development spending each year, while asking for a plan to push allies to …

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Categories Politics

Canada’s income gap is growing. Will Budget 2024 help affordability? – National

by James Odonell
Canada’s income gap is growing. Will Budget 2024 help affordability? – National

Higher interest rates last year contributed to the largest gap in income inequality since 2015, according to a new Statistics Canada report. The findings come one day after the federal …

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Categories Politics

Does Budget 2024 make it easier to buy a first home in Canada? – National

by James Odonell
Does Budget 2024 make it easier to buy a first home in Canada? – National

The Liberal government’s 2024 federal budget tabled Tuesday held a clear focus on “fairness” among generations and efforts to make the housing market more affordable, particularly for younger Canadians feeling …

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Categories Politics

As Ottawa eyes short-term rental limits, Airbnb says it won’t solve housing crisis – National

by James Odonell
As Ottawa eyes short-term rental limits, Airbnb says it won’t solve housing crisis – National

The federal government plans to push ahead with its crackdown on short-term rentals in Canada in an effort to alleviate the country’s housing crisis, but Airbnb says home-sharing regulations are …

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Categories Politics

Budget 2024, by the numbers: Here’s how spending is being divvied up – National

by James Odonell
Budget 2024, by the numbers: Here’s how spending is being divvied up – National

By Staff The Canadian Press Posted April 16, 2024 4:21 pm Updated April 16, 2024 5:36 pm 1 min read Descrease article font size Increase article font size Here are …

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Categories Politics

Budget 2024 commits $5B for Indigenous loan guarantees, but falls short on infrastructure – National

by James Odonell
Budget 2024 commits B for Indigenous loan guarantees, but falls short on infrastructure – National

The federal government is providing up to $5 billion in loan guarantees to help Indigenous communities invest in natural resource and energy products. But when it comes to a promise …

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Categories Politics

Budget 2024: Liberals look to offset drug plan cost with higher smoking, vaping taxes – National

by James Odonell
Budget 2024: Liberals look to offset drug plan cost with higher smoking, vaping taxes – National

The Liberals expect a new bid to curb smoking rates in the federal budget will generate $1.7 billion in new revenue for the government. The increased cash flow coincides with …

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Categories Politics

Freeland set to table 2024 federal budget in the House of Commons – National

by James Odonell
Freeland set to table 2024 federal budget in the House of Commons – National

Finance Minister Chrystia Freeland is finally set to present the federal budget in the House of Commons on Tuesday afternoon, showcasing how the government plans to win back support from …

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Categories Politics
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