While there were rumours of a potential wealth tax to compensate for new spending, the government instead is increasing the tax rate on capital gains."We're concerned about the level of taxation on corporations because it limits our ability to invest in innovation," said Ruhee Ismail-Teja, Calgary Chamber of Commerce vice-president of policy and external affairs.
'Trending in the right direction': Violent crime on Calgary transit down to start 2024 after an increase last yearBudget 2024 prioritizes housing while taxing highest earners, deficit projected at $39.8BIn an effort to level the playing field for young people, in the 2024 federal budget, the government is targeting Canada's highest earners with new taxes in order to help offset billions in new spending to enhance the country's housing supply and social supports.
Municipal Hail Insurance and the Hospitals of Regina Foundation has teamed up to raise money for upgrades to the Mosaic Heart Centre at the Regina General Hospital .Ontario’s Minister of Health is asking her federal counterpart to help close a loophole she says has led to a “disturbing” rise in clinics charging for access to primary care.The Ontario government is backtracking on planned changes to the UP Express service after the announcement drew backlash from Toronto residents.
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