Budget 2024 is seizing the opportunities of today to build a Canada that works better for every generation. Ottawa – First, the government is delivering fairness for every generation with a housing plan that includes nearly 4 million new homes, transformative expansions to Canada’s social safety net to make life cost less and ensure Canadians get the care they need, …
Ottawa – The government is committed to tax fairness for Canadians. Today, Canadians pay tax on the income from their job. But currently, they only pay taxes on 50 per cent of capital gains, which is the profit generally made when an asset, such as stocks or a rental property, is sold. Chrystia Freeland, Deputy Prime Minister and Minister of …
Ottawa – Recent advances in artificial intelligence (AI) technology are benefiting society in many ways, including in improving supply chain management, enhancing health care and precision medicine, and helping tackle environmental sustainability challenges. These advances, however, have also reaffirmed the urgency of ensuring that AI systems, particularly advanced generative AI systems, are developed and managed safely. François-Philippe Champagne, Minister of …
Kanata – Every child deserves the best start in life. But for young families, including Millennial and Gen Z parents in Kanata and across the country, the costs of child care can add up to a second rent or mortgage payment. This makes it harder to start and support a family, and as a result, parents—especially moms—often face impossible choices …
Ottawa – As we continue to foster economic growth and build Canada’s clean economy, significant investments and progress are being made in the production, distribution, and use of clean fuels, including low-carbon hydrogen. These advancements are guided by Canada’s Hydrogen Strategy, which introduced a framework in 2020 to help position Canada as a global supplier and producer of low-carbon hydrogen …
Edmonton – The federal government recently delivered Budget 2024: Fairness for Every Generation. It is a plan to build a Canada that works better for everyone, where younger generations can get ahead, where their hard work pays off, and where they can buy a home—where everyone has a fair chance at a good middle class life. Today Minister of Employment, Workforce …
Toronto – One of the biggest pressures on young Canadians right now is the difficulty of saving for a down payment and qualifying for an affordable mortgage. Chrystia Freeland, Deputy Prime Minister and Minister of Finance, 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 …
