Ottawa – By making it easier for homeowners to add secondary suites to their existing homes, we can build the supply of homes Canada needs to make housing more affordable for every generation. Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and Sean Fraser, Minister of Housing, Infrastructure and Communities, announced the 2024 Fall Economic Statement will double the loan …
Toronto – Compute is the technology that powers artificial intelligence (AI). It’s the chips and the data centres, the backbone of this transformative new technology. Canada is home to some of the world’s best and brightest AI researchers, and Canada is already championing the use of AI. More access to cutting-edge compute infrastructure is crucial to securing Canada’s AI advantage …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and Jean-Yves Duclos, Minister of Public Services and Procurement and Quebec Lieutenant, highlighted how the government is putting more money in your pocket. First, the Deputy Prime Minister and Minister of Finance highlighted that Bill C-78, the Tax Break for All Canadians Act, has been adopted by the House of Commons. The …
TORONTO — The Ontario government is investing $758 million to help the TTC purchase 55 new trains for Toronto’s Line 2 subway. This investment is a result of the New Deal for Toronto, which was reached one year ago, and was conditional on the federal government meeting its financial commitment to support this critical public transit projec. “It’s nearly 12 …
Ottawa -Deputy Prime Minister and Minister of Finance talked on new action to lower the cost of housing for Canadians. She said: Good afternoon, everyone. We are going to start by commenting on the Canadian economy and the Canada-US relationship, and then on actions we are taking to lower the cost of housing. Finally, we’ll talk about the new stress …
Ottawa – The federal government’s housing plan is the most ambitious in Canadian history and will build nearly 4 million new homes. As part of this plan, the government is cracking down on large, corporate investors who buy up single-family homes, removing the GST from student residences to build more student housing, unlocking underused federal lands to build homes on, helping provinces …
Ottawa – Everyone deserves a place to call home. However, for many across the country, home ownership and renting are out of reach due to the housing crisis Canada is facing. We need to build more homes, faster, to get Canadians into homes that meet their needs, at prices they can afford. That’s why in Budget 2024 and Solving the Housing …
TORONTO — Minister of Finance Peter Bethlenfalvy released the 2024 Ontario Economic Outlook and Fiscal Review: Building Ontario for You. The government continues to take a fiscally responsible approach towards building the critical infrastructure our growing communities need, reducing gridlock, and making life more affordable by keeping taxes low and putting more money back in your pocket. “Our government’s responsible approach …
SCARBOROUGH — As part of the upcoming 2024 Ontario Economic Outlook and Fiscal Review, the government is supporting Ontario families struggling with the high costs of the federal carbon tax and interest rates by proposing to provide a $200 taxpayer rebate to all eligible Ontario taxpayers. To ensure families with children are not overlooked, the government is also proposing to provide families …
ETOBICOKE — As part of the upcoming 2024 Ontario Economic Outlook and Fiscal Review, the Ontario government is keeping costs down for drivers and businesses by introducing legislation that would, if passed, extend the temporary rate cuts on the gasoline and fuel taxes for the fourth time, until June 30, 2025. These extended cuts would ensure the rates remain at 9 …
