Freeland promises to 'unlock pathways' to middle-class life in April 16 federal budget
CTV
The 2024 federal budget will be presented on Tuesday, April 16, Deputy Prime Minister and Finance Minister Chrystia Freeland announced Monday.
The 2024 federal budget will be presented on Tuesday, April 16, Deputy Prime Minister and Finance Minister Chrystia Freeland announced Monday.
The 2024 federal budget will provide Canadians a full picture of the state of the country's finances and an overall economic outlook, as well as further Liberal spending plans amid an ongoing affordability crisis.
According to the finance minister, the massive fiscal document will "unlock pathways to a good middle class life for the next generation."
"Our economic plan is about building more homes, faster, making life more affordable, and creating more good jobs… because Canada is stronger when everyone has an equal chance to succeed," Freeland said in a statement announcing the date of the next budget.
Freeland broke with the tradition of rising in the House of Commons to confirm the date of the annual economic presentation, as MPs are not in Ottawa this week.
For months the Liberals have been holding weekly press conferences to provide often incremental updates on various affordability measures, from grocery competition to homebuilding initiatives.
Noting Canadians continue to feel the squeeze of inflation and high interest rates in their everyday lives, while increasingly becoming preoccupied about looming mortgage renewals, Freeland's last fiscal update in November 2023 focused on housing affordability, while trying to maintain a degree of fiscal restraint.
