Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) tabled the Notice of Ways and Means Motion to introduce the Budget Implementation Act, 2024, No. 1. This legislation will advance many of the government’s key priorities in Budget 2024: Fairness for Every Generation. The full release is available online. Contact Katherine.Cuplinskas@fin.gc.ca.
On April 23, 2024, the Government of Canada launched a five-year U.S. dollar global bond. This was Canada’s second largest order book for a global bond in the past 15 years, at US$13.8 billion. This robust demand, a week after the government introduced Budget 2024, demonstrates strong investor confidence in Canada’s responsible fiscal management and is … Read more
Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) and Minister of Small Business Rechie Valdez (Mississauga–Streetsville, Ont.) highlighted Budget 2024: Fairness for Every Generation. The full release is available online. Contact Katherine.Cuplinskas@fin.gc.ca. In Budget 2024, the Government of Canada reiterated its commitment to maintain liquid foreign reserves at or above three per cent of nominal … Read more
Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) highlighted Budget 2024: Fairness for Every Generation, the government’s plan to drive economic growth in a way that is shared by all. The full release is available online. Contact Katherine.Cuplinskas@fin.gc.ca.
Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) released Budget 2024: Fairness for Every Generation. Budget 2024 takes bold action to build more homes, help make life cost less and grow the economy in a way that’s shared by all. The full release is available online. Contact Katherine.Cuplinskas@fin.gc.ca.
Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) announced that, as part of Budget 2024, the federal government will make it easier for Canadian homeowners to increase the number of units in their homes. Budget 2024 will propose a new Secondary Suite Loan Program to enable homeowners to access up to $40,000 in low-interest loans to add … Read more
Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) announced Budget 2024 will include a number of enhancements to the Home Buyers’ Plan and the Canadian Mortgage Charter that will help put homeownership back within reach. Budget 2024 will include: An increase the Home Buyers’ Plan limit from $35,000 to $60,000. 30-year mortgage amortizations for first-time home … Read more
The federal government announced that Budget 2024 will propose to double the Volunteer Firefighters Tax Credit and the Search and Rescue Volunteers Tax Credit. This means the tax credit will increase from $3,000 to $6,000 for 2024 and subsequent tax years, saving volunteer firefighters up to $900 per year. This announcement also includes $166.2 million … Read more
The government announced Canada’s new Youth Mental Health Fund, which will help younger Canadians access the mental health care they need, by reducing wait times and providing more care options. Budget 2024 will propose an investment of $500 million for a new Youth Mental Health Fund. The full release is available online. Contact Katherine.Cuplinskas@fin.gc.ca.
Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) announced that the federal government will extend the 15-per-cent Mineral Exploration Tax Credit for investors in flow-through shares for an additional year, until March 31, 2025. The full release is available online. Contact Katherine.Cuplinskas@fin.gc.ca. At Snowdon Pharmacy in downtown Toronto, Ont., Finance Minister and Deputy Prime Minister Chrystia … Read more
