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chrystia freeland

Justin Trudeau has resigned as prime minister and leader of the Liberal Party of Canada, and Canadians have a lot of questions.

Trudeau announced his resignation in a press conference outside Rideau Cottage on Monday morning, stating that "Canadians deserve a real choice in the next election."

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Deputy Prime Minister and Finance Minister Chrystia Freeland has officially resigned from Cabinet, she announced in a statement on Monday.

The announcement comes just hours before the minister is set to release the 2024 Fall Economic Statement, adding an unexpected twist to today's highly anticipated fiscal update.

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Canada has updated its travel advisory for the United States – warning 2LGBTQIA+ individuals that certain state laws could affect them during a visit to the U.S.

Global Affairs Canada issued the updated travel advisory on August 29, 2023, stating, "Some states have enacted laws and policies that may affect 2SLGBTQI+ persons."

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Under an early 2022 agreement with the NDP, the federal Liberal government agreed to roll out public dental care coverage to children and low to medium-income adults. That commitment is now another step closer to becoming a reality. Canada's proposed 2023 budget calls for the expansion of dental care coverage to all uninsured households with under $90,000 in annual income.

But Quebec is already signalling its disapproval of the federal program.

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The Canadian federal government's 2023 budget includes a one-time boost to the Goods and Services Tax Credit (GST Credit or GSTC) that it's terming the "Grocery Rebate." This rebate would provide a maximum of $153 per adult, plus $81 per child and $81 for single adults without children, adding up to a maximum of $234 per qualifying Canadian adult living alone.

The new Grocery Rebate is intended to "help make up for higher prices at the checkout counter — without adding fuel to the fire of inflation," according to Finance Minister Chrystia Freeland.

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CBC News reports the Government of Canada will announce a new payment for residents to counter high grocery costs due to inflation. The payment, which CBC's unnamed government source called a "grocery rebate," would reportedly mean an extra $234 for eligible individuals living alone and $467 for a family of four.

Details are few, but the CBC source says the rebate will be tied to the GST Credit, which gives back some of the money low-income residents pay in federal sales tax. Taxpayers are automatically considered for the GST Credit when they file. For payments in the 2022-2023 period, a given household had to have an income under $39,826 in 2021 to receive maximum credit amounts.

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Canada's new luxury goods tax has officially come into effect as of September 1, 2022, specifically targeting luxury cars, private jets and yachts.

The new policy was first introduced back in August 2021 when the Department of Finance Canada proposed a luxury tax, titled Select Luxury Items Tax Act, for public consultation. The proposed tax was later included in Bill C-19 and the 2022 Budget Implementation Act, which received royal assent on June 23, 2022.

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On June 16, 2022, Canada's Department of Finance shared a press release announcing changes to the Canada Workers Benefit.

The enhanced benefit comes as part of the federal government's new Affordability Plan, which aims to "make life more affordable for millions of Canadians," particularly as inflation rates continue to rise.

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With the rising cost of like... everything throughout the country, low-income Canadian renters can expect a one-time payment of $500 from the federal government this year as part of a plan to make life more affordable.

It's one part of a handful of measures aimed at helping Canadians struggling with inflation.

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A flight carrying Ukrainians fleeing the war with Russia is scheduled to arrive in Montreal from Poland on Sunday, May 29. It will be the second flight chartered by the federal government to bring people who are eligible for the Canada-Ukraine Authorization for Emergency Travel (CUAET) to the country.

The first plane arrived in Winnipeg on May 23 with 328 Ukrainian passengers. Deputy Prime Minister Chrystia Freeland, who is of Ukrainian descent, welcomed them.

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The federal government updated the Canada Workers Benefit (CWB) back in 2021 and today, over three million Canadians are now eligible for the refundable tax credit — and you could be eligible for up to $2,400.

While tax season can be tough enough, knowing what you are eligible to receive from the Government of Canada is pretty handy information, and we're making it a little easier to keep up with what you may be entitled to.

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The cost of living in Canada has certainly skyrocketed, and with the effects of the rise of inflation being felt everywhere, it might often feel impossible to ever buy your first property.

Well, following the federal 2022 budget, the Government of Canada has stated its plans to make housing in Canada more affordable for young people and first-time homebuyers.

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