Home Budget 2024 Page 4

Keyword: Budget 2024

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House of Commons in Ottawa

Individuals can claim 80% of donation tax credit, up from previously proposed 50%

Canada Parliament and Canadian Flag over blue sky.

Higher new rate applies on gains above $250,000 for individuals, and all gains realized in corps and trusts

Canadian Parliament in Ottawa

Government keeps $40-billion deficit from rising in annual budget

home financing

Homeowners could soon access up to $40,000 in low-interest loans

  • By: IE Staff
  • April 15, 2024 April 15, 2024
  • 15:22

Province also extends gas tax cut by three months, doubles the fertility tax credit and changes property taxes

Ontario

The government also proposed amendments to support a permanent target-benefit pension framework

The legislature in Ontario

Province will encourage municipalities to set higher VHT rate for foreign-owned homes

Finance and Treasury Board Minister Ernie Steeves tabled today the 2023-24 budget

Budget contains no tax cuts and has $41M surplus

Government's review will also examine the expenses of its departments and agencies