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The Canadian federal budget for the fiscal years of 2024–25 was presented to the House of Commons by Finance Minister Chrystia Freeland on 16 April 2024. [1] The budget's slogan is "Fairness for every generation", suggesting the government planned to help younger people.
The Canadian Dental Care Plan began rollout in December 2023. [10] The budget introduced a "grocery rebate" of up to $467 for eligible families and up to $234 for eligible single people with no kids. The Canada Student Grants also saw a 40% increase in funding. [11]
2020 Canadian federal budget: 2020–21 — Never presented Postponed and combined into the following year's budget due to the COVID-19 pandemic: 2021 Canadian federal budget A Recovery Plan for Jobs, Growth, and Resilience: 2021–22 19 April 2021 Chrystia Freeland Liberal: C-30: Royal Assent (29 June 2021)
Between 2018 and 2024, the administration recorded the seven highest years of per-person spending in Canada's history. By 2024, inflation-adjusted spending per person, excluding debt interest costs, reached $11,856, exceeding the 2007-09 financial crisis spending by 10.2% and World War II peak spending by 28.7%. [11]
New homes valued up to $450,000 may be eligible for a 36% rebate on GST charged up to a maximum of $6,300. [17] Provincial sales tax rebate programs on new housing are offered in Ontario, British Columbia, Nova Scotia, Saskatchewan, and Quebec (for QST). Terms and conditions vary by province.
Pages in category "2024 in Canadian politics" The following 13 pages are in this category, out of 13 total. ... 2024 Canadian federal budget; E. Eby ministry;
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The goods and services tax is defined in law at Part IX of the Excise Tax Act.GST is levied on supplies of goods or services purchased in Canada and includes most products, except certain politically sensitive essentials such as groceries, residential rent, medical services, and services such as financial services.