Canada unveils 2024 budget targeting youth, from 1st homes to after-work freedom

Canada's Deputy Prime Minister and Finance Minister Chrystia Freeland delivered a federal budget on Tuesday geared towards younger citizens, proposing a spending plan that promises to do everything from make it easier to buy a first home to protecting workers from their workplaces bothering them off hours.
Freeland also detailed changes to how capital gains are taxed. These proposed changes could see roughly 40,000 of the wealthiest Canadians pay a bigger share of their returns annually.
Reacting to the budget in the House of Commons, Opposition Leader Pierre Poilievre said that the Conservative Party will vote against the "wasteful, inflationary" fiscal plan. "Like a pyromaniac spraying gas on the inflationary fire that he [Prime Minister Justin Trudeau] lit, it is getting too hot and too expensive for Canadians," Poilievre said.
Following the announcement, NDP Leader Jagmeet Singh criticized the party for failing to tackle corporate greed, which he said is the primary reason for the high cost of living in Canada - a hot topic issue for Canadians in the last few years.
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[@sk8snwmx]

She is completely F'd out of her mind...

[@linhluong9250]

100% Agreed!

[@taxslave5766]

That's why we call her 'Tweek'

[@tomcotter8138]

Messages accused Freeland of being "smug," "elitist," "clueless" and "entitled."

[@schmitkeoriginals]

Chrystal Meth Freeland... she doesn't know not to use your own safe supply! 🙀🙀🙀

[@dennysnowden9418]

You destroyed the middle-class in last 8 years

[@xstorm_8_shadowx]

Agenda 2030

[@xstorm_8_shadowx]

You will own nothing & be happy WEF

[@annegreenwood3624]

where all in the same life raft and it’s sinking high rents food even gas i have been on the housing list 15 years and no affordable apartments it’s like our government can’t see how much we are struggling

[@OUigot]

The WEF openly admitted it's their agenda, JT and Freeland are members of the WEF

[@Ho0wah]

It's wild how Trudeau managed to increase inflation globally. Truly an impressive demonstration of how powerful a politician he is! I hope Biden asks him to decrease inflation so Americans and Canadians can finally thrive, because it's definitely Justin's fault and not corporate greed!

[@femia4125]

Mandatory drug testing for politicians, how is this a fair budget

[@bobross6802]

and psyche evaluations !

[@OUigot]

Mandatory audits of politicians and their families every 2 years

[@pdiprata]

How are these people in power? Aren't we embarrassed over this?

[@redplumptomato]

because we put them in power.

[@smudgeeee6259]

@@redplumptomato i didn't

[@LegendaryGoetz]

@@redplumptomatospeak for yourself

[@jasonnash3164]

Election fraud ​@@redplumptomato

[@tcsnowdream9975]

Embarrassed of what? They’re taxing the ultra wealthy. Are you a bootlicker? Lol

[@aymanetbail2107]

Incompetent government, more taxes, and more debts for our children and grandchildren.

[@maryjeanjones7569]

No different than Mulroney and Harper. Neither one balanced a budget prior to passing on debt to the incoming government. They also passed along Taxes to Canadians.

[@robdavidson2569]

​@@maryjeanjones7569 trudeau added more debt, than all other PMs put together. all of them.

[@maryjeanjones7569]

@@robdavidson2569 I am aware of the debt size. Trudeau also handed out $Billions to companies and citizens for a couple years during the Covid Pandemic. Previous governments didn't have to deal with that type of Financial burden. There's no easy answer as only time will fix the problem.

[@robdavidson2569]

@@maryjeanjones7569 half the spending had nothing to with covid. all the regulations and policies were put in place between 2015-2018. other PMs went through the great depression, ww1, ww2, stagflation of 1980-2000, the great recession and world banking crisis of 2008. this all on the these so called liberals and trudeau,PERIOD

[@AC-zt2ky]

@@maryjeanjones7569but JT hasn’t stopped the spending. It’s more and more and Singh wants even more than that. It’s just crazy. It’s time for the conservatives to have their turn. The sooner the better

[@ImNotNormall]

I'll never forgive the NDP for propping up this disastrous government.

[@albertawheat6832]

Well that settles that doesn't it.

[@james_d_eaton]

You don't think that Jagmeet has a point about going after the real cause of inflation? The corporations?

[@jeremybirdsall1404]

No. Anytime you tax the rich they hide their money somewhere else. Low taxes brings investment. Singh would be worst than Trudeau. Bottom line is an inflated federal government size and mismanagement of funds is the issue. Canada is extremely rich beyond imagination but ideological leaders are always the downfall.

[@gloodle]

@@james_d_eatoninflation is caused by the liberal government doubling the national debt, by printing 100s of billions of dollars. I bread cost $1 and all there is $2 the price of bread will go up because there’s more money chasing the same amount of goods. Nothing to do with corporations. The corporations are the ones that hire, create product, pay taxes and invest in research.

[@gurbajgill9499]

@@james_d_eaton You don't think the goverment is the reason we have such stupid inflation? It's easy to blame corporations but we already have such crazy taxes compared to most other countries and the money's done basically nothing it just gets shuffled around and spent on useless things.

[@revanth316]

This budget is just a joke.. This is not a fair budget This is debt on debt on debt

[@nicktsoumarisikoservicesin1889]

Shes was a journalist

[@bluecoral3873]

There should at least somewhere to offset the increases, if it is for the wellfare of the most majority citizens. big contractors have been collecting grandious favors from the Government for several years, I think.

[@sandcrabspa4299]

Utter rubbish....The last thing Canadians wants is CON government to implement cuts and austerity measures.

[@esparda07]

Exactly. How're kids today going to afford the life their parents had? More spending. F their kids though, they will be paying these debts.

[@johnhess9443]

When you say targeting youth you mean.. like... making sure it's harder for each generation than the last until we all own nothing and are 'happy', right?

[@elindieme6799]

Honestly, the chances of people my age being able to buy a house are next to none. Tiny homes, sailboats, vans, and yurts are the only way we can afford to live in Canada.

[@redshedacres]

Not just young people. Seniors too. The list is long.

[@jasonsmith8324]

You can find turn key 2 bedroom houses for less than $250k in outlying cities in Ontario such as Thunder Bay and Windsor, the problem is no one wants to move there. lol.

[@elindieme6799]

@@jasonsmith8324That’s true, but it would be nice to be able to afford where my family and friends and community live in the province I grew up in.

[@ClanOxyL]

friend of mine bought his first home/condo at like 23. He now owns 2 in the same building. hes 26. He didnt have help from his parents except that he lived there and saved up his down payment. In british columbia canada 45 minutes from vancouver. He did a ton of overtime to achieve it. He also makes like 30 dollars an hour at least. Its absolutely not easy and you have to make good money and know how to manage it. I've been trying to save up for a down payment but at this rate i wont have enough until about 2 years. It takes a great amount of work but if you are determined you can get it. Just cant be working minimum wage. If you are making minimum wage you better get a different job and learn some skills lol.

[@codysaunders7348]

​@@jasonsmith8324 yeah! You can afford a run down, crappy house in the middle of nowhere for $250,000. Be grateful!

[@jman2k0]

What a wack job? How is life costing less?? Tell me one person who's living expenses are less since your government has been in power?

[@HaHaHaHoHoHo365]

JT's expenses have been cut short since he became the PM. Everything he spends is paid by everyone else!

[@rowboat1972]

Jagmeet needs to be held accountable for this debacle.

[@ferzadhazeri2377]

Make no mistake, they're not stupid, and they're not incompetent. They're evil. They're doing what they're doing with full intent .Ending trudeau Criminal Government is Canada's highest priority.

[@cxz11764]

Work hard to pay tax, work harder to pay more tax🎉

[@voidcheque7019]

There's no point in working anymore. Time to go on welfare and take all the rebates we can and just roll over.

[@treerover5376]

Good. The wealthy will still be well off. The underpreviliged need it more.

[@cliffm8112]

That's the motto of this government, tax and spend until the cows get home

[@Grayson-xv3nv]

I do not subscribe to social media, I have never commented on anything without my own mouth. Yet I write this now out of passion, shock, anger, and disgust. This country is broken!

[@wesbrown738]

Jagmeet... Dude if you have such a problem with the liberals pull your support! Otherwise don't say anything at all , you bash Pierre for not having a "plan" what's your plan? Why not talk about that instead of bashing the liberals who you support

[@Spicy007]

The most relatable part was the opposition laughing

[@benchmarkblasting6227]

They want you to have a "middle class life" at best. They dont want you to succeed beyond that... let that sink in gen z.

[@mariuspopescu284]

No, they moved middle class level down to "dependent of government people". They do not want a real independent middle class, they need people dependent on them that will vote to keep them in power.

[@dootdoot1867]

100k trucks. 1.2m houses are not middle class. That is now all upper class. Enjoy van lyfe

[@chirpydragonfruit9464]

Middle class is damn near unattainable these days

[@LeslieMiletich]

That was the most laughable speech I've heard in a while. Embarrasing for the Liberals.

[@TotallyNotElPresidente]

A FINANCE minister with a HISTORY degree; ladies and gentlemen, our country.

[@valshiro515]

Name one country in the world where the President has a political science degree.

[@user-tm4qx6kk1d]

Its become harder to live in Canada

[@ecoslider21]

Sooner Freeland, JT leave, Canada can get back to normal.

[@xstorm_8_shadowx]

Not going to happen… only a revolution will stop this

[@xstorm_8_shadowx]

Agenda 2030 is full steam ahead

[@xstorm_8_shadowx]

You will own nothing & be happy: WEF

[@deebee1284]

Don't forget Jagmeet. Canada is in big trouble because of him, too.

[@johnmacdonald3319]

This country is destroyed. There will never be "normal" here again.

[@MrBobbyBrown2006]

The NDP are as much to blame as the Liberals for allows this continue.

[@PMV928]

RIP 🇨🇦

[@user-vo7mj6bg1x]

Why are these people not fired already, wow

[@05350]

Ask NDP.

[@yinliu5634]

Lol. Stop spendin money u dont have. These morns are pre-spending our money. This is the greatest forced wealth distribution by the government ever.

[@dixonyaarmouf4630]

Yup, you are 100% right… and if we let our pride get in the way and stay too long they are going to clean our life’s work out to zero… this is a bizarre situation and beyond disappointing

[@Meeksballs]

Time to vote no confidence Jimmy!

[@kturkalo2129]

Her pants just burst into flames.

[@wayneburgess5203]

What a waste of oxygen!

[@dennysnowden9418]

This budget does not balance the budget either

[@pierremajor8712]

My Parents were able to pay their home back in 81 I cannot afford a home Minister Freeland and I don’t live in the same reality

[@lord_haven1114]

This government is a disaster for all of us. Everything they do or touch becomes destroyed and worse for the future.

[@BigMafJP]

Im broke and in debt asf never have been before until the past couple years Canada is fkd

[@RowdyEnt.]

Any young professional or worker will not be able to afford to own a house. That is the reality, if they manage to get approved they will never pay it off in their lifetime.

[@rickbateman2401]

The Ontario Liberals cost Ontario its AAA credit rating and now the federal Liberals are very close to costing Canada its AAA rating. That means higher borrowing costs for national debt, which means more debt and more inflation on top of the huge inflation this budget will already produce.

[@Node_Dev]

"We are making life cost less." By bringing back 30+ year mortgages?

[@alessandrosilveira9009]

No more NDP and Liberals!

[@smorgdonkey]

the Liberal government before Trudeau posted 10 straight surpluses and was paying down National debt. Harper fkkd that up and then Trudeau fkkd it harder. 17 years of terrible government.

[@Gurighattor]

Tpdf

[@wesbrown738]

"we're making life cost less" hahaha bro the laughing from the conservative side lol

[@mattyp3119]

Freeland looks a little less cocain-ey today

[@Jenna-Tailya]

I loved her as the Penguin in Batman. The only thing I agree with this Warpig with is that Micheal Keaton is best Batman

[@HaHaHaHoHoHo365]

She must be thrilled wearing the new 'budget special' shoes she got yesterday!

[@dominicdurzo8995]

has she ever asked herself why Canada would have 25 % of its children going to school hungry?

[@nataliarossin9171]

RESIGNATION!!!!!!

[@rebeccakelly4837]

Lies

[@chacha79081]

Canada is in big trouble

[@Lizzbird_]

Global got a lot of guts to not disable the comments

[@MA-xu5zk]

What a joke, I feel sorry for young people. These clowns should be in jail.

[@tristangreen5695]

how are they allowed to stand up there and just tell lies without any consequence?!?!?!

[@redplumptomato]

because we vent our frustrations on social media instead of taking the fight to them directly.

[@godmaentertainment4375]

@@redplumptomato and Hockey...we still have hockey

[@codysaunders7348]

​@@godmaentertainment4375naw, hockey sucks now. The sport has been watered down and went woke. I don't watch anymore.

[@godmaentertainment4375]

@@codysaunders7348 I use to be into music and movies, but it's all bread and circus now compared to health and home.

[@xstorm_8_shadowx]

When will citizens in Canada & the US rise up?

[@elenar.7780]

The tax for the very wealthy???? This new capital gain tax will affect everyone... New generations are doom with this goverment trillion debts, that keeps growing with no plans to cut costs, to pay or balance the budget just keep expending...

[@westsideaccord]

Cost less? How can you spew such lies.

[@smorgdonkey]

If they really wanted to help poor and middle class, they would cut the income tax by 20%. If you don't see that, then you aren't going to see anything that helps much. Trudeau and Singh got to go.

[@laurieedeburn2449]

what a joke

[@K-xj3wj]

You saying it "fair" in every sentence doesn't make it fair

[@staydilatedTV]

"they can work hard" - and pay more tax?

[@chrisqwerty]

Freeland would look good in jail

[@robdavidson2569]

we dont send criminals to jail in canada. you must be thinking of countries that arent a Banana Republic

[@redshedacres]

What a waste of paper. Handing out in the background. Perhaps online would work better? Environment minister, why don't you change that wasteful practice?

[@MOONSHIPETH]

A failed writer isn't good at finance What a surprise but a 7 year old could tell you that. Does she work for Canada or the WEF?

[@aliensarerealttsa6198]

OP, person above me, supports Trump and listens to rightwing propaganda.

[@FucklesTheDog]

Yup this country isn't worth hanging around in to be forced to pay down their debts.

[@emmamontgomery5106]

The loud laughing after "we are making life more affordable" KILLED me😂😂😂

[@anhbinbaccuc8850]

lower the rent to 2000 or before that. that's what everybody care about

[@SharWilsonGitxsanArtist]

Does she actually think we believe her? Freeland, you are the last person I want to see or hear speaking about affordability - what a whack job.

[@caspertheghost7332]

If you have to read off a paper you are more likely lying

[@dootdoot1867]

High school kids are more prepared for speeches.

[@fredhinck9685]

Where is her pointy hat ????

[@dwaynemills7862]

I'll take "moving to Puerto Rico for $2000 Alex" Q: how happy are you to be Canadian Today?

[@kinikahau]

That whole room looks like a pathetic joke.

[@coolpasta2644]

when they laughed at her when she said that the government was making life cost less😭😭😭

[@AppaGo420-rz5bz]

I’m 52 and I’ve worked hard my whole life and I always believed that by this point in my life I would be able to start to slow down. After 8 years of this corrupt incompetent government I now have doubts that I will ever be able to slow down. We are already damaged to the point that it will take generations to recover.

[@paull3179]

They created the inflation problem by shutting down the economy and handing out billions in welfare. I never missed a day of work and kept going. She is educated in Russian history so she is well qualified to produce a budget for a major country.

[@Trwl0006]

Does Freeland live in the real world. Seems like they keep saying they are making life easier but only making it worse.

[@darius1084]

200$ for a Canada Disability Benefit that can be clawed back is a joke if i’ve ever seen it. You make us wait 3 years and give us this?!

[@firstandforemost87]

We are paying over a $1 billion a week just to service the debt…

[@bloo4448]

These people must think we’re plain stupid…….😢

[@Blisscent]

The disability benefit is a joke. It’s still way below the poverty line. Barely covers groceries. I can’t believe I got my hopes up

[@bryankerr9174]

Trudeau states they will build 3.9 million homes by 2031. That’s about 7.5 years from now. 3.9 million / 7.5 = 533,333 homes per year. It means 44,444 homes every month. It means 1,461 new homes every day. It means 182 new homes every hour. How likely is this? CMHC states housing starts in 2023 were around 223,000 and 240,000 in 2022. Only in 2021 did starts go over 300,000 (according to Trading Economics). What are the odds the government can double production? Also, by trying to do so, even if they do, this will massively increase demand for building materials and workers. This will drive up the cost of materials, labour, and land. These new houses will be some of the most expensive ever built. No one will be able to afford these houses.

[@user-kv4kp4co1r]

According to the liberals housing plan, "A lot of Canada’s housing stock was purchased while interest rates were low and more people came seeking opportunities in Canada." Many of these properties are due for renewal in 2025 and 2026. It’s observed that investors, real estate agents, and their associates in the banking and insurance sectors are frequently appearing in the media and on social media platforms, advocating for reductions in interest rates. It feels that both the central bank and the federal government are exploring ways to support these investors at the expense of the working class Canadians.

[@codysaunders7348]

Im not paying taxes anymore. Puck you.

[@Aquamarine_1987]

They are doing us any favours. It’s owed to us. They did a horrible job all these years, made life hard for everyone, killed hopes and dreams and now talk they are doing us a favour !

[@tylerbryan6570]

They are buying votes. This incompetent government hasn't accomplished any goals.

[@rickbateman2401]

They just screwed everyone again. This budget will trample on provincial jurisdiction so all the provinces will push back. It raises taxes on corporations so they will leave and dump more of a tax burden on the rest of us and raise prices, and it does even more to hurt landlords so rent will continue to climb and the few good landlords left will sell out.

[@dootdoot1867]

Businesses with 2-5mil in revenue are gonna get smoked.

[@diggytablet]

Who is Michael Chomiak?

[@panasazov8200]

Liberal/NDP deserve open court by canadian people which are sufferings a lot

[@mikeyrichard8280]

The govt is now borrowing money to pay the interest on borrowed money. 🎉🎉

[@theromulanwarhawk]

More homes are fine, but can you make them affordable? No. Can you make retail prices more affordable? No. Because retailers including new home sellers alike set their own prices, not for what people can afford but what people will pay. And how much to your campaigns they give. Then, they will lobby the government for aid, and then use that aid to get more aid.

[@UncleExpendable]

Go go Mr. Singh!

[@bryanlumsden3573]

Freeland..... she really needs a new name. let's hear them...

[@ye333]

The narcissism is off the charts.

[@themcguy1]

don't build more homes, stop companies from being able to purchase residential and cut off landlords

[@user-lc4ze8sl6u]

they ruined my life and the future of the people here in canada no one can afford to eat or pay rent or buy a candy bar even

[@jhonnatancifuentes1476]

Rent??? Canadians need to own their homes!!!! Forget rent!

[@queenelsa6798]

We’re all screwed.

[@dominicdurzo8995]

she should get a raise for her $6000 a month personal care expenses

[@datengineer2174]

Tell you what, charge the CEOs making millions every year a nice fat tax, that will help us more than throwing money at inflation in a feedback loop.

[@sheldoncarmichael4534]

If the rich is making over 150k a year they should have atleast 40% deducted in taxes

[@kchannel4299]

That's already the case...

[@fatmangoboom7722]

NDP LEADER, you are guilty of helping Justin Trudeau, you are just as bad or worst!

[@jennerbaldwin929]

Life cheaper?! 😂😂😂 is this a comedy skit?!

[@Yotaciv]

Lets all keep praying for an early election that brings about a fiscally conservative government that unburdens Canadians and invests in growing them. 📿

[@tomcotter8138]

Justin I can feel myself getting DumBer just listening to you ! I’m 100 % ready to vote ☑️ you out

[@24theMoney]

BOC needs to raise interest rates to 8%, not joking. This infinite spending is devaluing the dollar like there's no tomorrow...which is true.

[@DSP_2.0]

Well, nothing for me from this budget other then just more taxes.

[@npcimknot958]

Targeting youth to pay off the debt for the rest of their lives and then some.

[@korbenjrae9250]

This genuinely hurt my brain to watch. They say if you work hard you give us the money you worked for, If you are lazy and don't work we give you money. Stupidest thing ever.

[@philw8080]

Theres a problem in this country when Middle class needs to make 100k individual 150k household. and you still won't be able to afford a home. Having high cost of living transfers to pay employers are willing to give. No way companies are bringing jobs to Canada unless workers want to stay poor. Why pay 100k for someone working in Toronto when you can pay someone 75k in MINNESOTA and in Minnesota you can buy a detached house for 300k, win-win for the worker, and the employer. This Country is now build on greed and selling out land and resources at the cost of wellbeing of Canadians. Freeland and Trudeau are crooks.

[@eazyb7974]

The gaslighting has reached a level of insanity.