federal budget
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Tax rules tightened for small businesses and passive income in budget
Morneau still faces the challenge of corporate tax cuts in the US prompting companies to invest there instead of Canada.
Federal firewall: budget plan is for long term resilience, not stop gaps
Morneau all but ruled out specific measures that respond to the US direction on tax reform.
Liberals to dole out $2.1 billion to unclog trade, border bottlenecks
Money is part of $10.1 billion in planned spending over the next 11 years on trade and transportation corridor projects.
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Innovation highlights: what’s in it for you?
Accessing funding for innovation and R&D is a lot easier.
Senators defy Trudeau, propose amendments to federal budget bill
Senators have voted 46-32 to delete a so-called escalator tax on booze from the federal government’s budget.
Trump’s budget plan won’t likely accelerate growth – here’s why
Economists and budget experts are dismissing the president’s plans as fancifully unrealistic.
Ottawa runs $11.5B deficit over first 11 months of 2016-17 fiscal year
Result compared with a surplus of $7.5 billion during the April-to-February period a year earlier.
Feds warned not to forget ‘killer robots’ amid AI push
Budget 2017 has committed $125-million to a pan-Canadian AI strategy.
Budget to show how infrastructure bank can attract, free up investment
Funding for social infrastructure projects could increase by up to 33%.
Innovation strategy inspired by economist who argues for bigger state role
Budget expected to detail plan to foster an innovation economy to recharge Canada’s long-term economic growth.
Help for Canadian startups expected in budget
Modifications in the budget are expected to make the existing Build in Canada Innovation Program far more ambitious.
Hopes high for budget aimed at boosting high-tech job skills, expertise
Ottawa has committed $73 million over four years to ensure education is aligned with the tech-related needs of the job market.
Ottawa runs $2.4B deficit for September
Shortfall blamed on a combination of lower revenue and higher program spending.
Additional $31.8B will be added to deficit over five years
Finance minister Morneau blames “new norm” of slow economic growth.
Trump proposals would add $5.3 trillion to US national debt
Nonpartisan group says his agenda could potentially lead to a recession.
