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Federal Budget 2025: What It Means for Your Money

The 2025 federal budget introduces a mix of tax cuts, housing measures, and spending shifts that will directly affect Canadians’ day-to-day finances. While the government projects a significant deficit, the plan focuses on affordability and long-term growth. Here are eight key ways it impacts your wallet: 1. Lower Income Taxes The lowest federal tax bracket will be reduced from 15% to 14% starting mid-2025, giving middle-income earners some relief. 2. Vacant Home Measures The Underused Housing Tax will be expanded to discourage vacant and underutilized properties, aiming to free up more housing supply. 3. Student Loan Relief Repayment assistance will be enhanced, with lower income thresholds and capped monthly payments to ease the burden on graduates. 4. Consumer Protection New rules will cut down on excessive banking fees and strengthen protections for financial consumers, especially those with modest incomes. 5. Housing Affordability Programs Funding will support first-...
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Israelis Rally in Largest Anti-Government Protest Since Gaza War

 


Tens of thousands of Israelis converged outside the parliament building in Jerusalem on Sunday, marking the largest anti-government demonstration since the country entered conflict with Hamas in October. The protesters voiced their grievances, urging the government to take decisive action.

Key Points:

  1. Hostage Crisis: The demonstrators passionately called for a ceasefire deal to secure the release of dozens of hostages held by the Hamas militant group in Gaza. Families of the captives were among the crowd, their anguish palpable.
  2. Early Elections: In addition to the hostage issue, the protesters demanded early elections, nearly two years ahead of schedule. Their collective voice echoed through the streets, emphasizing the urgency of political change.
  3. Netanyahu Under Scrutiny: Prime Minister Benjamin Netanyahu faced mounting criticism during the rally. Many protesters viewed him as an obstacle to resolving the crisis. Despite his vow to dismantle Hamas and bring the hostages home, tangible progress remained elusive.
  4. Hamas Resilience: While Hamas suffered significant losses, it continued to operate. The group’s battalions remained active, and the remaining hostages’ families feared time was running out.
  5. Road Safety Controversy: Police actions during the demonstration sparked controversy. Selective enforcement of traffic rules led to several arrests. Protesters accused the authorities of using obscure traffic regulations as a pretext for stifling their right to protest.

The crowd stretched for blocks around the Knesset, and organizers pledged to sustain the demonstration for several days. Netanyahu, in a televised speech, acknowledged the pain of the hostages’ families but cautioned against early elections, citing potential paralysis for the nation.

As the sun set over Jerusalem, the city bore witness to a powerful display of civic engagement. The struggle for peace and accountability continues, echoing through the ancient streets.


Sources: 1: Israelis rally in their largest anti-government protest since the war in Gaza began 2: Tens of thousands Israelis rally in the largest anti-government protest since the start of Gaza war

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