Budget 2023: Key highlights from the federal Liberals’ spending plan
OTTAWA — The federal Liberal government has released a 2023-24 spending plan that prioritizes spending on health care, transitioning Canadian businesses to a clean economy and offering affordability measures to help Canadians dealing with high prices from inflation.– $40.1 billion: Projected federal deficit for the coming fiscal year.
– $13 billion: Expected cost of the Canada dental benefit over the next five years, or $7.3 billion more than the government initially projected. – $2.5 billion: The cost of another one-time doubling of GST rebates this financial year to help low-income Canadians who are struggling with high prices and inflation. The government has dubbed this measure a"grocery rebate," a nod to high food prices.
– $158 million: Funding over three years, starting this year, to create and operate a new 9-8-8 suicide prevention phone line.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Budget 2023: Liberals to offer 'significant' tax credits for green economy, target predatory lendingFinance Minister Chrystia Freeland will table a federal budget which sources say will include plans to make life more affordable. Read on.
Read more »
Budget 2023: Liberals to offer 'significant' tax credits for green economy, target predatory lendingFinance Minister Chrystia Freeland will table a federal budget which sources say will include plans to make life more affordable. Read on.
Read more »
Budget 2023: Liberals to offer 'significant' tax credits for green economy, target predatory lendingFinance Minister Chrystia Freeland will table a federal budget which sources say will include plans to make life more affordable. Read on.
Read more »
Budget 2023: Liberals add foreign interference office, new money-laundering rulesPrime Minister Justin Trudeau's Liberal government plans to launch a National Counter-Foreign Interference Office, amid ongoing scrutiny of allegations that Beijing interfered in recent federal elections.
Read more »
Budget 2023: Liberals follow through on big promises in deal with NDP | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit.
Read more »
Budget 2023: Liberals add foreign interference office, new money-laundering rules | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit.
Read more »