Finance Minister Chrystia Freeland will deliver the Liberal government’s first budget in two years on Monday, laying out more than $2 billion for a national child-care program while keeping the federal deficit for the past year under the $400 billion mark, CBC News has learned.
A senior government source who spoke to CBC News Sunday — on the condition they not be named because they are not authorized to speak publicly about the subject — said unlike the way some programs have been announced in past budgets, the forthcoming child-care announcement will not be about striking expert panels, undertaking further study or be entirely subject to negotiations with the provinces.
Federal budget to include digital and luxury levies, but no wealth tax, sources say
OTTAWA — Canada’s first budget in two years, to be presented to parliament on Monday, proposes a sales tax for online platforms and e-commerce warehouses, a digital services tax for Web giants and a luxury tax on items like yachts, government sources familiar with the document said.
It will not include a wealth tax, a levy sought by the opposition New Democrats. Liberal Prime Minister Justin Trudeau’s budget will need the support of at least one opposition group to pass.
A tax on lux vehicles? I predict an exodus of drug dealers. But at least some parking spots will be freed up in city housing projects.
