People who smoke, drink, ride buses and use ride-sharing services like Uber will be paying more because of yesterday’s federal budget.
Tobacco and alcohol taxes are going up. Personal income tax rates are not. The public transit tax credit has been cancelled altogether. The Liberal Government says the credit was ineffective in getting people to ride buses…so it’ll put more money directly into public transit systems.
Cities and affordable housing providers will find themselves with $11.2 billion more to spend on new and existing units over the coming decade.
There’s $5.2 billion for skills development for Canadians to adapt their education and employment training to an ever-changing economy.