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  • Budget 2023 offers billions for dental care, plus spending cuts and tax hikes to tame deficit
    Dental Care

    Budget 2023 offers billions for dental care, plus spending cuts and tax hikes to tame deficit

    March 29, 2023 /

    Finance Minister Chrystia Freeland tabled a federal budget Tuesday projecting a deficit about $10 billion higher than initially forecast — an increase driven by a worsening economy and new spending on initiatives like a national dental care program. Freeland’s fiscal plan projects the deficit will be $40.1 billion in 2023-24 — up from the $30.6 billion she said it would be just last fall. Freeland’s relatively brief 250-page budget is being pitched as a focused plan to address inflation — there will another one-time GST rebate for low-income Canadians — and to position the economy for the future through multi-billion-dollar tax credits to stimulate the clean energy sector. A faltering…

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    James Eaton Comments Off on Budget 2023 offers billions for dental care, plus spending cuts and tax hikes to tame deficit

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