that outlined a better-than-expected economic rebound, but also billions more in spending, including on the response to the Omicron variant of COVID-19.The federal government plans to put $85 million into plowing through massive backlogs in processing immigration applications starting in fiscal 2022-23.
The government said immigration is picking up, with the monthly average number of new permanent residents catching up to pre-pandemic levels.The cost of resettling Afghan refugees in Canada is expected to be $1.3 billion over six years, starting in the current fiscal year, and $66.6 million in future years.
The government has faced staunch criticism for being slow to get people out of the country. As of Dec. 8, only 5,485 Afghans have made it to Canada. The disasters have also hindered Canada's supply chains, particularly through the Port of Vancouver, and are expected to have major economic impacts. In response, the government has pitched a temporary $60 million fund would roll out in the 2022 fiscal year to temporary fund sector-led proposals that would improve the economic, career and personal circumstances of workers in the performance sector.CARBON-PRICE REBATES FOR SMALL- AND MEDIUM-SIZED BUSINESSES
The government expects to announce details early next year but has already earmarked $200 million for the program, which would benefit businesses in Alberta, Saskatchewan, Manitoba, and Ontario.Teachers will soon be able to claim school supplies for at-home learning on their taxes and get an even bigger return this tax year. The government has proposed to increase its refundable tax credit for teachers from 15 per cent to 25 per cent, up to $1,000.
Canadian taxpayers pay 20 Billion dollars a year to service, cover the cost, of the interest alone on its debt. This isn't sustainable. This deficit, while lower, is the second largest ever. It's massive.
CTVNationalNews