2024 budget proposes 4M new homes, Canadian Renters' Bill, 30-year mortgages, Tax-Free First Home Savings Accounts, and raises capital gains tax to fund.
Budget 2024 focuses on increasing fairness by delivering a housing plan to construct nearly 4 million new homes, expand Canada's social safety net, create jobs, and promote economic growth. Key features include a Canadian Renters' Bill of Rights, 30-year mortgages for first-time homebuyers, and a Tax-Free First Home Savings Account. These initiatives are funded by increasing capital gains taxes on 0.13% of Canadians.
June 11, 2024
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