Source: Rachel Aiello, CTV News, October 24, 2017
OTTAWA – The federal government is using an improved fiscal situation to make increases to some of its tax measures for middle and low income Canadians, but isn’t spending much of the extra cash that has been injected into the federal coffers as the result of a surging economy.
The improved outlook means that Ottawa will increase the Canada Child Benefit, among other federal tax benefits.
Image Source: Finance Minister Bill Morneau receives applause before delivering his fall economic statement in the House of Commons in Ottawa, Tuesday, Oct.24, 2017. (Adrian Wyld / THE CANADIAN PRESS)
