The debt is now over $1.26 trillion. Just paying the interest to service this debt will cost nearly $43 billion for the 2026-27 fiscal year The Bank of Canada’s decision to increase the policy interest rate by 0.5 percentage points, up to one per cent, was necessary in the current context. The soaring inflation that is hitting
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Canadian Families
Do Canadians Pay too Much In Taxes?
on October 9th, 2015
Here’s why that’s the wrong question to ask A recent Fraser Institute report and commentary stated that taxes are the single largest budget item of Canadian households. “Your family’s largest expense may surprise you,” the think tank wrote alarmingly, with taxes as the punchline. Of course, if you divide all household expenditures into a number
Harper Government Introduces Tax Cuts and Increased Benefits for Canadian Families
on October 31st, 2014
The Honourable Jason Kenney, Minister of Employment and Social Development, today highlighted new proposed measures to make life more affordable for Canadian families and to help them prosper: • Increasing the Universal Child Care Benefit (UCCB) for children under age 6. Parents will receive a benefit of $160 per month for each child under the
Alarming Statistics Highlight Child Care Accessibility Crisis in Canada
Lowering child care fees was the easy part. The hard part is building out the system Canadian parents know child care can be hard to find. And it’s not getting easier despite the fact that fees are falling quickly across the country. These diminishing fees are prompting more parents to look into child care