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Freeland introduces mini-budget that promises support for low-income workers, students

Summary by Ground News
Finance Minister Chrystia Freeland tabled her fall economic statement Thursday. It's a roadmap of what's to come from the federal government as the economy stands on the brink of a recession. The budget proposes billions of dollars in new spending to help some of the people hit hardest by rising prices.
Published 3 months ago · Ottawa, Canada

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Risk of recession rising, deficit projected at $36.4B in 2022-23: fall economic statement

The federal government's fall economic update makes it clear that while the deficit is declining, the risk that Canada enters into a recession is rising.

3 months ago·Toronto, Canada
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Freeland's mini-budget waives interest on student loans, sends more money to low-income workers

Finance Minister Chrystia Freeland tabled her fall economic statement Thursday — a multi-billion dollar plan that calls for more spending even as the economy stands on the brink of a recession, with interest rates set to move still higher.

3 months ago·Canada
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Inflation will chart Canada’s economic fate, Ottawa’s fiscal update shows - National

Whether Canada’s economy tips into a recession depends largely on how sticky inflation ends up being, according to Chrystia Freeland's fall economic statement.

3 months ago·Toronto, Canada
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Chrystia Freeland’s mini-budget proposes some short-term solutions. But she’s betting a once-taboo strategy might save us all

There’s no doubt Canada really needs to up its game when it comes to business investment, Heather Scoffield writes.

3 months ago·Toronto, Canada
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Canada to set up tax credits for clean tech, launch growth fund

OTTAWA — Canada will introduce refundable tax credits for clean technologies worth up to 30% of investment costs, in a bid to close competitive gaps with the…

3 months ago·Canada
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Freeland presents modest mini-budget, forecasts first surplus on the horizon

OTTAWA — A federal budgetary surplus is on the distant horizon for the first time since the Liberals came to power, but the rest of the fall fiscal update…

3 months ago·Canada
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