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Budget 2023 prioritizes pocketbook help and clean economy, deficit projected at $40.1B

In the 2023 federal budget, the government is unveiling continued deficit spending targeted at Canadians' pocketbooks, public health care and the clean economy.

Prime Minister Justin Trudeau and Deputy Prime Minister and Minister of Finance Chrystia Freeland arrive to deliver the federal budget in the House of Commons on Parliament Hill in Ottawa, Tuesday, March 28, 2023. THE CANADIAN PRESS/Justin Tang

BREAKING

BREAKING | Budget 2023 proposes across-the-board 3 per cent spending cut for government departments

The federal budget proposes an across-the-board three per cent spending cut for all departments and agencies, a belt-tightening move after years of massive growth in the federal public service.

Federal government capping excise tax on alcohol after outcry

The increase in excise duties on all alcoholic products is being temporarily capped at two per cent starting next month instead of a planned 6.3 per cent increase.

Freeland's green economy spending aimed at competing with U.S. Inflation Reduction Act

Finance Minister Chrystia Freeland says clean energy and green technology spending may not have been the big-ticket items of the 2023 federal budget if it weren’t for the need to compete with infrastructure spending in the United States.

Could Canada soon standardize USB chargers? Feds looking into it, budget says

Tucked into the 2023 federal budget unveiled on Tuesday in Ottawa, the Liberals have announced plans to explore implementing a standard charging port across Canada, in an effort to save Canadians some money and reduce waste.