Tuesday is budget day in Canada, with all Premiers and Territorial leaders hoping for a nice slice of the monetary pie, and Canadians hoping they won’t have to part with more of their hard earned dollars.
The Federal Liberals will release it’s inaugural, “economy boosting” budget, which is expected to include investments in areas such as affordable housing, infrastructure projects, climate change and indigenous communities.
As well, a $30B deficit is expected to be revealed, which is three times what was promised during the 2015 election campaign.
Finance Minister Bill Morneau is also going to announce a retooling of existing family benefits to help middle and lower income families, and getting ride of tax loopholes for the wealthy.
Premier Kathleen Wynne is looking for $1B in infrastructure funding to help with various public transit projects.
More to come.