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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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Netanyahu Criticizes Canadian PM Carney Over Gaza Remarks

Israeli Prime Minister Benjamin Netanyahu has publicly criticized Canadian Prime Minister Mark Carney for comments made during a rally in Calgary. The controversy arose when a protester in the crowd accused Israel of committing genocide in Gaza. Carney responded, "I'm aware. That's why we have an arms embargo," a statement that Netanyahu deemed "irresponsible."

Netanyahu took to social media to express his disapproval, urging Carney to retract his remarks. He emphasized that Israel is engaged in a "just war" against Hamas, a group designated as a terrorist organization by Canada. Carney later clarified that he had not heard the word "genocide" during the protester's statement and was merely referencing Canada's arms embargo on Israel.

The incident has sparked international debate, with some questioning Carney's stance and others defending his clarification. The timing of this controversy is particularly sensitive, as it coincides with heightened tensions in the region and ongoing discussions about Canada's foreign policy.

Carney's office has yet to issue a formal response to Netanyahu's criticism, leaving the matter unresolved for now.

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