Liberals continue ‘big budget’ spending trend, increasing capital gains tax to maintain deficit

The government could be overestimating its projected new revenues from tax policy changes, says one finance expert.

Finance Minister Chrystia Freeland tabled Budget 2024, titled 'Fairness for Every Generation,' in the House of Commons on April 16. It is her government's eighth budget, and her fourth as finance minister. The Hill Times photograph by Andrew Meade

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BY CHELSEA NASH

April 16, 2024

The Liberals are not backing down from spending in the new budget, but instead of increasing the deficit, the government is relying on GDP growth and introducing new tax measures to increase revenue.

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