Canada Budget

Premier Wynne Making Life Harder For Ontario Taxpayers

Christine Van Geyn | Posted 05.25.2016 | Canada Politics
Christine Van Geyn

Over the long weekend, many Ontarians took time to visit friends and family across the province. For many, a topic of conversation over dining tables or dockside drinks was the state of the province and revelations from the past week of the conduct of Premier Kathleen Wynne. But where to begin?

8 Tropical-Feeling Canadian Escapes | Posted 04.21.2016 | Canada Travel

Planning a vacation to an idyllic tropical destination is never a bad idea, but it's not always feasible. Often, the further you go, the more you're likely to pay, but you don't have to leave the country to get the beachside escape you're craving -- you have more than enough options right at home.

Alberta's Budget Inspires, Newfoundland's Does Not

Jerry Dias | Posted 04.20.2016 | Canada Politics
Jerry Dias

The NDP government of Rachel Notley is showing the rest of Canada, and Newfoundland and Labrador in particular, that when tough times hit, we look after each other. Across the country, the Liberal government of Dwight Ball is showing no such compassion, bringing in tax hikes and service cuts that hurt those with the lowest incomes most.

You Weren't Born To Pay Off Debt And Die

Cait Flanders | Posted 04.14.2016 | Canada Business
Cait Flanders

What you don't have to do forever is live with debt. You don't have to spend every month calculating how much you can afford to put towards debt repayment, while continuing to use credit, and staying in the never-ending cycle of borrowing money and trying to pay it back. It's not an easy cycle to get out of; I know that firsthand.

Prioritize Federal Spending On Federal Responsibilities

Susanne DiCocco | Posted 04.08.2016 | Canada Politics
Susanne DiCocco

The first budget delivered by the Liberals signaled a return to 1970s Trudeaupian Liberalism, not just with its flagrant disregard for balanced budgets and ballooning debt, but also by disregarding a core accountability under our Constitution: Canada's military.

Canada's Outdated Income Tax Act Begs A Top-To-Bottom Review

Gabe Hayos, FCPA, FCA | Posted 04.06.2016 | Canada Business
Gabe Hayos, FCPA, FCA

By making it easier to navigate the tax rules and meet their obligations, Canadians will spend less time and less of their money on preparing their taxes, leaving more in their pockets. For Canadian businesses, productivity could improve as they spend less time, effort and capital dealing with tax compliance and red tape.

Liberals' Military Spending Delay Leaves Canada Vulnerable

Jonathan Wade | Posted 04.04.2016 | Canada Politics
Jonathan Wade

The Canadian Forces will once again have to wait to receive new much-needed equipment. Whether it is new fighter aircraft, ships or vehicles, the federal budget has postponed more than $3.7 billion in military spending until 2020 -- or later. As a matter of fact, the latest federal budget is another slap to the Canadian Forces' face. Bill Morneau, Canada's finance minister, said the Liberals are postponing defence spending to figure out defence priorities.

How Starving Artists Can Create A Stable Income

David Lester | Posted 03.31.2016 | Canada Business
David Lester

All the tips on budgeting are based on people who get paid on a regular schedule, but if you're an actor, musician, etc., you'll get a chunk of change all at one time and then often have a dry spell. It's so easy to blow through the money that you get paid and then have nothing left for the few months that you're waiting for that next gig.

Government Won't Use Paid Ads For Federal Budget, Morneau Says

CP | Bruce Cheadle, The Canadian Press | Posted 03.30.2016 | Canada Politics

But finance department officials said the government could still find a need to advertise aspects of the budget later on.

Budget's $3.4B Will Help, But Big Transit Improvements Are Years Away

CBC | Posted 03.28.2016 | Canada Politics

Among the biggest obstacles to ambitious efforts moving forward is a shortage of money at the local and provincial levels.

Althia Raj

Liberals 'Absolutely' Kept Promises Despite $29.4B Deficit: Morneau | Althia Raj | Posted 03.26.2016 | Canada Politics

"What we showed Canadians was that we are going to do what we said we were going to do."

More Detailed Review Of Federal Tax Breaks Is Coming: Morneau

CP | Bruce Cheadle, The Canadian Press | Posted 03.25.2016 | Canada Politics

The finance minister says the Liberal government has only begun to clean up the tax code with his first federal budget.

Canada's Youth Win Big With The Federal Budget

Kids Help Phone | Posted 03.24.2016 | Canada Politics
Kids Help Phone

Canada's youth are the biggest winners from Tuesday's federal budget, but not in the way you'd expect. Buried deep inside the budget, well below the commendable financial commitments to First Nations, families and young children, is a potential game-changer for young people -- plans to create the first ever Prime Minister's Youth Council.

5 Things To Know About Climate Pledges In The Budget

CP | The Canadian Press | Posted 03.23.2016 | Canada Politics

Much of the spending is backloaded to later years.

Canada Is Fighting Terrorism With More Racial Profiling

Monia Mazigh | Posted 03.23.2016 | Canada Politics
Monia Mazigh

Immediately, after 9/11 attacks, the Arab and Muslim communities started receiving the "visits" of RCMP officers and CSIS agents asking them about their opinions on the Middle-East, about their religious beliefs, about their friends and what they know about them. Some of these "visits" were conducted at the workplace. At that time, no body spoke about radicalization, as if it was assumed that the targeted individuals came to Canada already "radicalized." The Muslim community was perceived on the "bad" side of the fight. They were always considered as not doing enough.

Trudeau, Ministers Kick Off Promotional Blitz To Sell Budget

CP | Joan Bryden and Bruce Cheadle, The Canadian Press | Posted 03.23.2016 | Canada Politics

The prime minister is leading a full court press to sell his government's maiden budget.

Liberals' 2016 Budget Opts For Big Spending Over Restraint

Alexandre Laurin | Posted 03.23.2016 | Canada Business
Alexandre Laurin

We've seen this story before in the mid-1990s, when out-of-control deficits and an impending sovereign debt crisis led to painful spending cuts and tax increases. The government is wrong to make the return to budget balance conditional on strong economic growth. Population aging is already taking its toll on long-term projections, and too many unforeseen events can derail the fiscal path. Only tight fiscal discipline can balance the budget within a reasonable timeframe, protecting Canadians' standards of living from future large tax increases and cuts to government services.

Liberals Unveil New Child Benefit For Families, More Cash For Seniors

CP | Craig Wong, The Canadian Press | Posted 03.23.2016 | Canada Business

"That is money in the pockets of mom and dad."

Syrian Refugee Program May Cost Taxpayers Up To $1 Billion

CP | Stephanie Levitz, The Canadian Press | Posted 03.22.2016 | Canada Politics

Over 26,000 Syrians have arrived in Canada since the Liberals took power in November.

Liberals' Funding For Infrastructure Not As Advertised

CP | Jordan Press, The Canadian Press | Posted 03.23.2016 | Canada Business

Liberals will spend just $2.7 billion in first year.

5 Things To Watch For In The Budget

CBC | Posted 03.22.2016 | Canada Politics

Expect it to echo and put a price tag on key themes from the party's campaign platform.

Liberal Budget Expected To Defer Some Campaign Pledges

CP | Joan Bryden, The Canadian Press | Posted 03.21.2016 | Canada Politics

Government insiders, speaking on condition of anonymity, said there would be few surprises in the budget.

Deficit Dive: Budget Will Sell Shortfalls Now For Growth Later

CP | Andy Blatchford, The Canadian Press | Posted 03.20.2016 | Canada Politics

There are now doubts whether the party can even fulfill its most-flexible fiscal vow.

Old Age Security Eligibility Will Return To 65: Trudeau

CP | The Canadian Press | Posted 03.17.2016 | Canada Politics

The Liberals had pledged during the election campaign to undo the Conservatives' decision to raise the age of eligibility for OAS.

How To Give Your Budget A March Break

Jeffrey Schwartz | Posted 03.03.2016 | Canada Parents
Jeffrey Schwartz

March Break is just around the corner, and if you're like many Canadians, you're probably wondering how you're going to afford to pay for it. Luckily, there's an easy way to save money, keep your children happy, and teach them a few life lessons too. Use the break as an opportunity to put your kids in the classroom of life by involving them in the March Break budgeting process. Here's how: