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The government's approach to funding increased spending included both borrowing and tax increases. Changes to capital gains taxation and adjustments to personal income taxes resulted in 86% of middle-income Canadian families paying more taxes than in 2015, with the average Canadian family's tax burden exceeding their combined expenditure on ...
Paul Wells, a Canadian political journalist and the author of Justin Trudeau on the Ropes, recently told the BBC he believes Trudeau will be remembered "as a consequential" prime minister, notably ...
Trudeau, facing record-low approval ratings over the last few months, stepped down from his position on Monday
Trudeau recently voiced concerns about the possibility of Trump's re-election, commenting, “It wasn't easy the first time and if there is a second time, it won't be easy either.”
Freeland and Trudeau in 2018. Chrystia Freeland was appointed Canada's deputy prime minister in 2019, following the re-election of Trudeau's government, and was the country's first female finance minister in 2020, and was often nicknamed the "minister of everything", and widely seen as a potential successor to Trudeau for the leadership of the Liberal Party.
Negative income tax works on the assumption that families who earn below the low-income threshold should receive aid in the form of direct grants rather than paying taxes. This allows heads of a family unit to use their financial resources as they best see fit rather than being constrained by the traditional income assistance programs, which ...
Canadian Prime Minister Justin Trudeau ’s government announced Tuesday it is imposing higher taxes on the wealthiest Canadians as part of the federal budget. The taxable portion of capital gains ...
Trudeau's government provided a CA$372.5 million bailout to Bombardier in February 2017. It was later revealed that Bombardier executives received US$32 million of these funds in bonuses, while laying off 14,500 workers around the world that year. [23] Patrick Pichette, a director of Bombardier Inc., sits as a board member of the Trudeau ...