Budget 2024 projects a deficit of $39.8 billion in 2024-25, falling to $30.8 billion by 2026-27 and $20 billion by 2028-29. This would mean a deficit of 1.3% of GDP for 2024-25, declining to 0.9% by 2026-27 and 0.6% by 2028-29. Interest on debt is now projected to rise from...
There has also been some talk of introducing new benefits for seniors in recent years. The two on Waters’ radar are a possible career extension tax credit – to encourage seniors to continue working – and converting the caregiver tax credit into a refundable tax-free benefit, adding they wer...
Federal Budget Cuts Could Hurt Seniors More Than OthersYou've been hearing a reading a lot about the "fiscal cliff,"with most talk focusing on tax...Smith, Barbara Peters
I guess it’s time I re-evaluate my budget and figure out more areas where I can save. Challenge accepted :) Reply diana shamblin GE Miller I do appreciate your ability to live on a small budget. While I might appreciate your dedication to living frugal I also think it is obvious t...
population — future presidents and congresses won’t be so dainty about intergovernmental transfers. Faced with the prospect of raising taxes, cutting entitlements for seniors with a high propensity to vote, or cutting other spending, they’re going to choose the latter course as much as they ...
The deal calls for a plan that would offer dental benefits directly to low- and middle-income Canadians without private insurance. Eligibility will gradually expand over the course of the year to include all qualifying seniors over the age of 65 by May 2024, then chil...
New Dimensions FCU Announces $5,000 in Scholarships for 2025 Graduating Seniors! Thursday January 23, 2025 At New Dimensions Federal Credit Union, we are committed to supporting the future leaders of our community. As part of our ongoing dedication to education and youth development, we are…Read...
“There doesn’t seem to be any new money for municipal infrastructure investment in this budget or for underfunded transit systems,” she said, adding that Ottawa plans to review infrastructure spending later this year. “This is another example of the government kicking the can down ...
Figure 1. Federal Spending on Benefits and Services for People with Low Income, FY2008-FY2013 (dollars in billions) Source: Prepared by the Congressional Research Service (CRS) from obligations data contained in the U.S. Budget Appendix for each of FY2010-FY2015. See Appendix A for additiona...
Union budget 2024-25 highlights Sitharaman again takes tablet in red pouch to present paperless Budget CM Pinarayi Vijayan condoles the death of Nipah infected 14-year-old boy Nipah:Six samples of close contacts of Nipah victim tested negative Nipah:14-year-old boy dies at Kozhikode Medica...