First budget of Ford government tabled this afternoon
The Ford government has unveiled its first fiscal blue print for the next year. Highlights of the provincial budget include free dental care for low-income seniors, no new tax increases for Ontarians, $17-billion to modernize hospitals, provide 15,000 new long-term care beds, and a child care tax credit while promising to create 30,000 child care spaces over five years. The Ford government will also go ahead with its plan to allow beer and wine sales in convenience stores and big-box stores and allow tailgating at sporting events. There will be a new trillium logo and the rumours are true; the slogan on licence plates will be “A Place to Grow”. Finance Minister Vic Fedeli says the plan will return the province to a balanced budget in 2023 after the next provincial election.
Speaker says he can’t rule on Philpott’s claim Trudeau broke the law
The battle on Parliament Hill continues to rage on between ousted MP Jane Philpott and the Liberal party. Today the Speaker of the House said he has no jurisdiction to rule on Philpott’s claim the prime minister broke parliamentary law by removing her and Jody Wilson-Raybould from the Liberal caucus. The pair resigned from their cabinet roles over the handling of the SNC-Lavalin affair and now sit as Independents.
Bi-lateral trade deal in the works between Canada and Britain
A delay in the Brexit divorce from the European Union may mean good news for Canada. Britain’s envoy to Canada said it will give Britain more time to negotiate a trade deal with this country. Until Britain leaves the EU they are not allowed to negotiate a free trade deal with other countries but high level meetings have already begun to get the ball rolling on a b-lateral trade deal.
Almost half of Canadians haven’t filed their tax returns
The old saying goes nothing in this life is as certain as death and taxes. And according to a new survey 44-percent of Canadians haven’t filed their taxes yet. Quebec leads the way with the most residents having already filed with B.C. bringing up the rear. If you don’t file your taxes by April 30th and you owe money, you could also be faced with penalties.
Canadian workers among the lowest taxed in developed countries
Most Canadians may feel like we are overtaxed but according to new data we are actually not that bad off. The Organization for Economic Co-operation and Development released its annual report of its 36 member countries. Canada ranked 26th lowest with workers paying 23-percent of their gross wages to the taxman, which is about 2-and-half percent lower than the average member country.