Investments

Freeland doesn’t rule out new taxes on wealthy or corporate Canada in upcoming budget


“We also really believe in the importance of making those investments in a fiscally responsible way.”

Freeland has already said she would honour the new fiscal guardrails that were announced in the fall, including keeping the federal deficit below $40.1 billion.

But the new measures won’t be financed by way of higher taxes on the middle class, she insisted. 

“We remain absolutely committed to being there for hardworking middle-class Canadians, and then we won’t raise taxes on them,” she said. 

Prime Minister Justin Trudeau has already made similar commitments. 

With the federal budget to be delivered April 16, questions are swirling about how the Liberals will pay for a recent raft of policy proposals, including a national school food program.

This report by The Canadian Press was first published April 9, 2024.

Nojoud Al Mallees, The Canadian Press



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