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The province will borrow up to $700 million more this fiscal year than it had anticipated in March

House of Commons in Ottawa

Here’s the status of tax proposals that matter to your clients

Queen's park, Ontario

Budget items include an expanded Guaranteed Annual Income System and a promise to review tax system

The province is also increasing the maximum age for applying for a retirement pension to 72 from 70

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

The finance minister noted the province has moved from a struggling economy to one dealing with challenges that come with growth

Finance Minister Chrystia Freeland this week stressed fiscal restraint so as not to work against efforts to tame inflation

The basic personal exemption will rise to $15,000 from $10,145

The Victoria government building beside an aboriginal totem pole.

The provincial budget forecasts years of deficits, but spends big on health, housing, families

The legislature in Alberta

The province's budget contains a plan for legislated balanced budgets

Queen's park, Ontario

Provincial finances are set to improve dramatically as strong growth drives revenues