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Jan 15, 2024 · A good New Year’s Resolution for Trudeau would be to slim down Ottawa’s ballooning bureaucratic belly. According to the Parliamentary Budget Officer, when Trudeau took office, the federal bureaucracy cost taxpayers around $39 billion. By 2022, the cost of the bureaucracy ballooned to almost $61 billion. Even after factoring in inflation ...
Budget 2024 proposes to increase the capital gains inclusion rate from one-half to two-thirds for (i) all capital gains realized on or after June 25, 2024, by corporations and trusts and (ii) the portion of capital gains realized on or after June 25, 2024, by individuals in excess of an annual $250,000 threshold.
The Ministry of Attorney General’s is continually assessing how best to deploy resources and improve, modernize and transform processes to deliver our services. In 2023–2024, the ministry will continue to implement the Justice Accelerated strategy and the criminal case backlog reduction strategy.
Mar 1, 2022 · 2022-03-01. Today, the Department of Finance Canada released its annual estimates of the fiscal cost of federal tax measures in the 2022 Report on Federal Tax Expenditures—Concepts, Estimates and Evaluations. In addition to providing transparency as to Canada’s tax system, this year’s report contains four analytical papers, including an ...
- Department of Finance Canada
Apr 18, 2023 · Statement. I was pleased to see that Federal Budget 2023 announced measures to help ease the effects of high inflation for low- and moderate-income Canadians, such as the grocery rebate. I was especially pleased with the proposals to make the tax-filing process easier for Canadians; the Budget proposes to have the Canada Revenue Agency (CRA ...
The authorities presented in these Main Estimates reflect reallocations undertaken through the Refocusing Government Spending exercise, totaling $2.3 billion in 2024–25. More information on reallocations in 2024–25 and future years is available in the Main Estimates, 2024–25 Refocusing Government Spending online annex.
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Mar 8, 2024 · According to the CTF's investigation, Governor General Simon has received an $11,200 pay bump so far this year. This is her third raise since being appointed to the role in 2021, driving her ...