Government budgets articles
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Some of the key highlights from the Liberal government's 2024 federal budget
OTTAWA - Finance Minister Chrystia Freeland introduced the 2024 federal budget on Tuesday. Some key highlights: Housing In hopes of building nearly 3.9 million new homes across Canada by 2031, the government plans to: increase the capital cost allowance rate for apartments from four to 10 per cent, allowing builders larger tax writeoffs; extend the mortgage amortization period to 30 years for first-time homebuyers purchasing new builds; make more public lands available for...
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How federal budget sagas cause uncertainty for tribal governments
A long, drawn out budget cycle marked by stopgap spending and the threat of a shutdown takes a toll, says Justin Barrett, treasurer of the Eastern Shawnee Tribe of Oklahoma.
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PM Orpo, government enter "extremely difficult" budget talks
On Monday morning government parties agreed on the need to make more savings, but not on how to find the money.