As Ottawa eyes short-term rental limits, Airbnb says it won’t solve housing crisis – National

The federal government plans to push ahead with its crackdown on short-term rentals in Canada in an effort to alleviate the country’s housing crisis, but Airbnb says home-sharing regulations are not the solution. As part of the 2024 federal budget that was unveiled Tuesday, Ottawa has recommitted to spending $50 million to help municipalities limit … Read more

8 key takeaways about what Budget 2024 means for your wallet – National

Affordability is one of the key focuses for the Liberal government in its latest budget, with housing taking centre stage with billions of dollars in sweeping policies targeting major reforms and changes. “Together, we will unlock the door to the middle class for more Canadians and renew the promise of our great country,” Finance Minister … Read more

Budget 2024 tries to sell youth a more affordable life with billions in spending – National

The Liberal government delivered a federal budget on Tuesday geared towards young Canadians, proposing a spending plan that promises to do everything from make it easier to buy a first home to crack down on costly concert ticket fees. “We are acting today to ensure fairness for every generation,” Finance Minister and Deputy Prime Minister … Read more

Budget 2024, by the numbers: Here’s how spending is being divvied up – National

By Staff The Canadian Press Posted April 16, 2024 4:21 pm Updated April 16, 2024 5:36 pm 1 min read Descrease article font size Increase article font size Here are some key numbers from the Liberal government’s federal budget: $535 billion: Total government spending for the 2024-25 financial year. $39.8 billion: The total deficit, just … Read more

Budget 2024 commits $5B for Indigenous loan guarantees, but falls short on infrastructure – National

The federal government is providing up to $5 billion in loan guarantees to help Indigenous communities invest in natural resource and energy products. But when it comes to a promise to close what advocates say is a sprawling Indigenous infrastructure gap, Ottawa is short more than $420 billion. Teased in last year’s fall economic statement, … Read more

Budget 2024: Liberals look to offset drug plan cost with higher smoking, vaping taxes – National

The Liberals expect a new bid to curb smoking rates in the federal budget will generate $1.7 billion in new revenue for the government. The increased cash flow coincides with the launch of a new $1.5-billion drug plan to offer universal coverage for contraceptive and diabetes medications. Both programs were billed as new health measures … Read more

Budget 2024 will propose making wealthiest ‘pay more,’ sources say – National

The Liberals plan to include measures in the 2024 budget to make sure the wealthiest Canadians “pay more,” according to three government sources. But it remains unclear exactly how the government plans to do that or what measures are being considered. Over the last few weeks, Prime Minister Justin Trudeau and his cabinet ministers have … Read more