TORONTO – Prime Minister Justin Trudeau, in “free fall” in the polls, is playing the pre-Christmas “tax break” card: a two-month suspension of the Goods and Services Tax (GST) and the HST (Harmonized Sales Tax, a harmonized sales tax that is charged only in some provinces of Canada) on basic necessities, children’s clothing and diapers but also restaurants, beer and wine, as well as numerous other products. Not only that: at the beginning of Spring 2025, all Canadians who worked in 2023 and earned up to $150,000 after taxes will receive a “bonus” of $250.
TORONTO – Provincial premiers have long been “crying” about “insufficient” (in their view) federal contributions to their health spending, but the reality is different, according to an analysis of two decades of health financing data, by Canadian Press with Humber College’s StoryLab: Federal transfers always grew year after year. →
TORONTO – Una nuova ricerca rivela che il Canada si sta dirigendo verso una “lieve” recessione poiché gli elevati costi di indebitamento, una flessione economica negli Stati Uniti e l’inflazione persistente aumentano l’incertezza economica del Paese.
TORONTO – Misure anti inflazione, incentivi per lo sviluppo delle industrie a basso impatto ambientale e sostegno della crescita. Il Budget 2023 del governo guidato da Justin Trudeau mette nero su bianco le linee guida dell’agenda di governo per i prossimi dodici mesi e conferma quelle che erano state le priorità già elencate nell’ultimo periodo da Chrystia Freeland. Il ministro delle Finanze, ieri pomeriggio subito dopo la chiusura dei mercati, ha presentato la Manovra alla House of Commons, una legge di bilancio che stando alle previsioni dovrebbe ottenere il via libera decisivo dell’Ndp di Jagmeet Singh.
TORONTO – Canada is heading into a “mild” recession as high borrowing costs, an economic downturn in the United States and persistent inflation add to the country’s economic uncertainty, new research reveals. Deloitte Canada’s latest economic outlook, released Tuesday ahead of the federal budget, says tight monetary policy is set to constrict economic growth this year. But research suggests the recession won’t be as deep as previously expected, thanks to resilient labor markets, which keep incomes strong. →
