Business Council urges Chrystia Freeland to deliver early budget, clarify tax measures in fall update

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 92%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The CEO of the Business Council of Canada wrote to Finance Minister Chrystia Freeland this week urging her to table the 2023 budget “at the earliest opportunity”

Canada’s business leaders are urging Finance Minister Chrystia Freeland to table an early budget in 2023 to provide clarity on promised tax measures aimed at promoting growth that were highlighted in this month’s fall economic update.

“Moreover, the federal government has set aggressive targets for the green-energy transition, which require immediate action. Any delay in the budget cycle will make it harder for Canadians to achieve them,” he added., Ms. Freeland said she and her government colleagues were “keeping our powder dry” as they assess whether the risks of a 2023 recession materialize.

The fall update included nearly a dozen references to specific business-related policies that will be further explained in the 2023 budget. It also broadly stated the budget will contain “significant further measures” related to boosting investment and productivity. Similar language related to further details in the budget were included in sections discussing an investment tax credit for clean hydrogen and efforts to attract private investment toward a net-zero-emission economy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Less money for us, more money for Ukraine.

Print money, tax people more, cancel energy projects, reduce manufacturing investment, bailout cities etc

Have to ask klause Schwab because that’s who she works for

She did: cancel your Disney subscription.

She’s canceling Disney plus for the Liberal caucus.

HAHAHAHA good luck she will only respond to the WEF!

Good luck with that. The best we can hope for is a forward looking positioning paper to be released in the fall of 2024. CoalitionOfTheBroke WeDontBudgetAnymore

Canadian politics is so fucking boring

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Opinion: Tips to curb your spending, courtesy of Finance Minister Chrystia Freeland'The little things count,' writes RobynUrback. 'Roll down the windows instead of turning on the A/C in your Tesla if you happen to be driving on one of these unseasonably warm November days. Pick up your dry cleaning instead of having it delivered.' RobynUrback why is that nazi still in the house? when will we the people wake up? RobynUrback RobynUrback Hanging out your clothes is cheaper than using the dryer!
Source: globeandmail - 🏆 5. / 92 Read more »