Canada's Trudeau government asks rich to pay more in pitch to Gen Z
Briefly

from www.aljazeera.com2 weeks ago
Canada proposes a 66.7% tax rate on capital gains over $180,804 to raise $14.5bn in revenue over five years. The budget allocates $53bn for Millennials and Gen Z in affordable housing, student grants, rent subsidies, and work programs.
www.aljazeera.comhttps://www.aljazeera.com/economy/2024/4/17/canadas-trudeau-government-asks-rich-to-pay-more-in-pitch-to-gen-z
Minister Freeland emphasizes the need for wealthier Canadians to pay more to invest in the future. She acknowledges the struggles of young Canadians to achieve the standard of living their parents enjoyed.
www.aljazeera.comhttps://www.aljazeera.com/economy/2024/4/17/canadas-trudeau-government-asks-rich-to-pay-more-in-pitch-to-gen-z
Freeland defends the tax increase by urging the wealthy to consider the type of Canada they want to live in. The Business Council of Canada criticizes the budget, stating wealth redistribution is not wealth creation.
www.aljazeera.comhttps://www.aljazeera.com/economy/2024/4/17/canadas-trudeau-government-asks-rich-to-pay-more-in-pitch-to-gen-z
Read at www.aljazeera.com
#canada #budget #taxation #spending #youth-support
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