The federal Liberal’s proposed budget, titled the Canada Strong budget, seems to target relief for middle and low-income Canadians while spurring growth on amid the country’s tariff back-and-forth with its historic trading partner and ally, the United States of America.

Some standouts of the budget include dropping the lowest federal personal income tax rate from 15 per cent to 14 per cent, saving a two-income family up to $840 annually. There will also be a tax relief on first-time home buyers. First-time buyers that purchase new homes valued at or under $1 million will have the GST eliminated, with a reduced rate on homes between $1 and $1.5 million.

The government is also launching a new federal agency called Build Canada Homes (BCH), backed by an initial investment of 13 billion doll

See Full Page