The budget and you: What Morneau's spending plan means to households' bottom lines - News Summed Up

The budget and you: What Morneau's spending plan means to households' bottom lines


That money is supposed to pay half the cost of fees for training to upgrade job skills. On top of that, the budget proposes letting homebuyers borrow a bigger chunk from their RRSPs to make their down payments. Driving electric, reading digitalThe budget also is offering cash rebates worth up to $5,000 on purchases of zero-emission vehicles — mostly electric cars. The budget promises to adjust the rules to allow employed seniors to earn more money in their jobs before having to give up GIS money. The government introduced an escalator tax in its 2017 budget, increasing the levy automatically by the rate of inflation each year.


Source: CBC News March 19, 2019 20:27 UTC



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