Federal budget

Federal deficit nearly $96 billion for 2021-22

The 2021-22 deficit was $95.6 billion, down from $314 billion in 2020-21

By The Canadian Press |May 27, 2022

1 min read

Luxury vehicle tax to bring in less than $800M over five years: PBO

Parliamentary Budget Officer estimates the tax will reduce vehicle sales by a much greater amount, however

By Melissa Shin |May 27, 2022

2 min read

Luxury vehicle tax, DTC changes included in Budget 2022 implementation bill

Bill C-19 gives people who purchased luxury vehicles in 2021 a break

By Melissa Shin |April 29, 2022

3 min read