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Canada's Federal Election 2025: A Nation Prepares to Vote

On Monday, April 28, Canadians will head to the polls to elect members of the House of Commons for the 45th Canadian Parliament. This election marks a pivotal moment in the nation's political landscape, with key issues such as climate change, economic recovery, and healthcare reform dominating party platforms. Advance polls have already seen record-breaking participation, with over 7.3 million Canadians casting their votes early. The election will also introduce a new 343-seat electoral map, reflecting changes from the 2021 census. As the nation gears up for election day, voters are encouraged to check their registration status and polling locations through the Elections Canada website. With the stakes high and the future uncertain, this election promises to shape Canada's trajectory for years to come.
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Freeland unveils fiscal update with modest deficit reduction plan

                                     

Finance Minister Chrystia Freeland delivered her fall economic update on Monday, November 21, 2023,  outlining the government’s spending and revenue projections for the next five years.

Here are some of the key points from her speech and the accompanying document:

  • Fall Economic Statement: Finance Minister Chrystia Freeland tabled her fall economic statement on Tuesday, Nov. 21, 2023, updating Canadians on the country’s financial health and introducing some new measures to target the housing crisis.
  • New Spending and Deficit: The federal government announced $20.8 billion in new spending since the spring budget, bringing the total spending for the current fiscal year to $488.7 billion. The deficit for this year is projected to be $40 billion, and $38.4 billion for next year.
  • Housing Measures: The government allocated $15 billion for loan funding to build more than 30,000 homes across Canada, and $1 billion for a new affordable housing fund to help build 7,000 new homes. It also introduced tax breaks for co-operative housing corporations and exempted GST and HST from psychotherapy and counselling services.
  • Cleantech Investment: The government allocated up to $7 billion for special contracts to encourage companies to make major investments to lower their greenhouse-gas emission. It also announced $309 million for a new co-operative housing development program.
  • Other Highlights: The government proposed to spend $50 million to support municipalities in cracking down on short-term rentals, $129 million to update the Canadian journalism tax credit, and $35 million for a public inquiry into foreign interference attempts. It also introduced a shareable, 15-week adoption benefit, additional benefits for seasonal workers, and a right to repair for consumers.

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