Finance Minister Chrystia Freeland has tabled her second federal budget. Here are the highlights:HOME-BUYING HELPThe budget promises to introduce tax-free savings accounts that would give first-time home buyers the chance to save up to $40,000. The budget also extends the rapid housing initiative, pledging $1.5 billion over two years to create at least 6,000 new housing units to help tackle homelessness. DEFENCE AND SECURITYThe budget boosts defence spending by $8 billion over five years, bringing Canada's defence budget to a projected 1.5 per cent of GDP. To address a key commitment on reconciliation, the budget sets aside $210 million to help communities document, locate and memorialize burial sites at former residential schools.

Source: CBC News April 08, 2022 09:00 UTC