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Finance Minister Chrystia Freeland tabled a budget with higher deficits, higher spending and higher capital gains taxes on high earners, trusts and corporations, as the Liberals revealed a spending plan they hope will win back younger Canadians that have abandoned their party.
Canada's Prime Minister Justin Trudeau enjoys a comfortable financial position, thanks in part to his family's wealth and his earnings as a politician.
The federal government has now launched consultations on how to modernize its Scientific Research and Experimental Development tax incentive program.
Federal government launching consultations Wednesday on modernization of SR&ED program
Prime Minister Justin Trudeau says he doesn't believe in slashing federal spending to please business groups or opposition Conservatives, raising questions about how his Liberal government would meet its own