Budget 2022: A look at the highlights of the federal Liberal fiscal plan

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Finance Minister Chrystia Freeland has tabled the 2022 federal budget. Here are some of the highlights.

- $452.3 billion in new spending on projected revenue of $408.4 billion for a deficit of $52.8 billion. The debt to GDP ratio is pegged at 45.1 per cent.

- The defence budget got new money with more than $8 billion pledged over five years to better equip the Canadian Armed Forces, reinforce cybersecurity and support a culture of change. The budget contained no road map on whether this would be enough to boost Canada's defence spending to the NATO target of two per cent of GDP, as the alliance works to bolster Europe following the Russian invasion of Ukraine.

- $1.7 billion over five years starting in 2022-23 to help make zero-emission vehicles more affordable for people. The Canadian Infrastructure Bank will spend $500 million over five years to build infrastructure to support the 1,500 charging stations that the government has promised to build throughout Canada.

- $593.3 million over five years, starting in 2022-23, to help provinces and territories support projects to prevent gender-based violence and help survivors. - $183.1 million over five years, starting in 2022-23, to reduce plastic waste, building on a 2018 G7 commitment. - $100 million over three years, starting in 2022-23, to help Health Canada deal with the opioid addiction crisis.

 

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DearGod, let me palletize tonight until 7:15 AM today. Amen.

Finance this freelander🤡

Worst budget in the world

It’s shocking that people support these morns. All you liberal voters need to snap out of it and take a hard look at what the party you inexplicably support are doing to our country. The rest of the world knows they are a joke it’s about time you start to figure it out.

You guys really spend a lot of time sorting thru your shots trying to find the least flattering shots of our MOF. You do the same with Trudeau.

Lmao at the idiots still wearing masks

Why does she look mid argument in every picture u guys put of her? I m sure she is calm at some point too

''.'. I.?e?'E'EEEdw3f

Why dont yall talk about trudeaus censorship bill?

Here’s the only highlight that should matter $26.9 Billion annually is allocated to pay interest charges on our national debt. Sickening.

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Budget 2022: Housing supply gets $10B boost; feds add measures to curb speculationThe Liberal government will try to ease Canada’s housing crisis with more than $10 billion in funding meant to speed up home construction and repairs as well as through a ban on home buying by foreign investors and tax measures to reduce speculation, while at the same time adding help for those trying to get into the market. This is not immediate but over 10 years. No clear plan for immediate or in the very near future. Maybe working with the banks and have different tiers of interest rate based on the number of mortgages. It is too cheap to borrow money for these investors to buy houses and jack up rent price. ACCOMMODATION / FOOD & the NATURE are not GOODS ( Socrates ) DIRECT_Democracy The Citizen Legislator
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