Justin Trudeau’s government set the table for a possible election in Canada with a budget that promises big spending on new programs such as childcare and a return to small deficits by 2025.
The Daily Chase: An in-depth look at the budget; CN triggers bidding war with CP over KCS
Deputy Prime Minister and Finance Minister Chrystia Freeland took the wraps off a budget that includes $101 billion in stimulus spending over the next three years, no roadmap for balancing the books, and a debt-to-gdp ratio that hovers around 50 per cent over the forecast horizon.
'Congratulations!': From luxury cars to smokes – Feds layer on taxes in latest budget
Ottawa is unveiling several new taxes ranging from boats to cigarettes while also closing loopholes aimed at recovering evasive taxpayers in its first full fiscal plan since before COVID-19 hit.
13 things you need to know about the federal budget
The federal government has tabled Canada’s first budget in more than two years. Here are 13 things you need to know.
15 things you may have missed in the federal budget
Here are 15 things you may have missed in the first federal budget in two years.
Ottawa focuses on clean technology for climate spending
Pushing the private sector to develop clean technology - and heavy emitters to adopt it - is where billions in new money will flow from the Liberals' 2021 budget pledge to tackle climate change.
Ottawa adds $1B to broadband fund for rural, remote communities
The money is going to the Universal Broadband Fund, which is designed to support the installation of “backbone” infrastructure that connects underserved communities to high-speed internet.
Trudeau to pile on record debt steering Canada out of pandemic
Justin Trudeau is set to unveil a vision for Canada’s post-pandemic recovery that will double as an election platform, heavy on new spending and assurances the mounting debt is affordable.
Biden rushes jobs reassurance along with 50% emissions cut
As President Joe Biden unveils an ambitious target this week to cut the nation’s climate-warming emissions, his administration is also taking steps to refute critics who say it’ll put large numbers of American jobs at risk.
As Canadians look to Ottawa to repair an economy ravaged by COVID-19, there’s a growing focus on our savings accounts as a source of potent fiscal stimulus just waiting to be “unleashed.”