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 …
Ottawa – Volunteer firefighters and search and rescue volunteers play a critical role in protecting Canadians. Every year thousands of Canadians volunteer their time, and sacrifice their own safety, to keep their neighbours safe. Whether responding to flooding in Nova Scotia or wildfires in British Columbia, these volunteers continue to go above and beyond to help with firefighting and search …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, 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 Mineral Exploration Tax Credit, which was scheduled to expire on March 31, 2024, provides important support to junior mineral exploration companies working …
Gatineau – Canadians expect their governments to take action on climate change and address affordability concerns. Putting a price on carbon while sending rebates to Canadians is the most cost-effective way to fight climate change. Affordability is front and centre in this system, which puts money into the bank accounts of Canadian families. The Canada Carbon Rebate is made possible …
Toronto – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and Rechie Valdez, Minister of Small Business, announced that the federal government is delivering thousands of dollars in alcohol excise duty relief to Canadian businesses, particularly local craft breweries. The government is proposing to: For two additional years, cap the inflation adjustment at two per cent for beer, spirit, …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, Sean Fraser, Minister of Housing, Infrastructure and Communities, Randy Boissonnault, Minister of Employment, Workforce Development and Official Languages, and Gudie Hutchings, Minister of Rural Economic Development, announced the federal government’s economic plan is taking action to build more homes, faster in rural communities and attract the doctors and nurses …
Ottawa – As part of Canada’s economic plan, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced the federal government is taking new action to deliver rent support to low-income renters, open more emergency shelter spaces in cities across the country, and crack down on corporate greed to make groceries more affordable. First, the Deputy Prime Minister …
Toronto – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and Ahmed Hussen, Minister of International Development, announced that the federal government will provide over $162 million in additional support to the City of Toronto. First, the federal government will provide an additional $143 million for Toronto through the Interim Housing Assistance Program (IHAP) to reimburse costs incurred by …
Toronto – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and Marci Ien, Minister for Women and Gender Equality and Youth, visited Canary Landing in Toronto to highlight how Canada’s economic plan is putting homeownership back within reach and building more homes, faster. The federal government’s economic plan is supporting the construction of new homes at Canary Landing, which …
Vancouver – In Vancouver, Chrystia Freeland, Deputy Prime Minister and Minister of Finance, visited 58 West Hastings, which in May 2024 will begin welcoming its first residents into 231 new affordable rental homes for vulnerable people and low-income families. As first announced by the Deputy Prime Minister on July 28, 2021, this project was made possible in part by $45.8 …
