FREELAND TO DELIVER NEW TAX ON SUPER WEALTHY WHILE WEARING NEW PUMPS

Apr 16, 2024

By Jane Brown

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It’s budget day in Canada.

Finance Minister Chrystia Freeland will present the federal budget in the House of Commons right after 4pm.

As is the tradition, the minister picked out a new pair of shoes Monday to wear when she delivers the budget.

They are Canadian designed black leather heels from a Montreal-based footwear brand: Maguire Shoes, an independent, direct-to-consumer, business owned by sisters Myriam and Romy Maguire.


(Finance Minister Chrystia Freeland tries on new shoes by Maguire at her office in downtown Ottawa on April 15, 2024, in preparation for delivering her federal budget. The Hill Times photograph by Andrew Meade)

Choosing the brand owned by a pair of entrepreneurs from Canada’s millennial cohort is likely another way the Trudeau Liberals are emphasizing the goal of the budget, which is to help ease the affordability pressures on younger generations.

As for what’s in the budget for older Canadians, CARP’s president Rudy Buttignol told Zoomer Radio’s Fight Back with Libby Znaimer, the disability benefit program is something that needs to get implemented.

“Canadians have wanted it, I know our members want it, but this is something that was passed into law last year and here we are a year later and it’s another announcement, and I think it’s a problem with this government. I think a lot of people have tuned out these announcements. In other words, this government’s been good at announcing but not implementing, promising lots of stuff and then people are wondering, where’s the beef?”

The minority Liberals have already unveiled significant planks of the budget over the last few weeks, including a housing plan that is supposed to build 3.9 million homes by 2031.

Prime Minister Justin Trudeau has pledged the upcoming spending plan will earmark billions of dollars to build more homes, expand child care, beef up the military and grow the country’s artificial intelligence capacity.

But attention Tuesday will likely shift to the government’s fiscal outlook and its plan to make up the difference between new spending and its pledge to keep the deficit at bay.

A published report also says the federal government will make tax changes in the budget aimed at raising more revenue from wealthy Canadians and certain corporations.

The tax changes for individuals would affect a group of people smaller than the top one percent of earners but the report does not specify which sectors would be targeted through the corporate changes.

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