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How the 2023 federal budget impacts you

The federal government unveiled its spring budget Tuesday, with a clean economy as the centrepiece, and detailing targeted measures to help Canadians deal with still-high inflation.

Prime Minister Justin Trudeau and Deputy Prime Minister and Minister of Finance Chrystia Freeland speak to media as they 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

Walmart and Costco in Canada not making food inflation worse, experts say

Experts say the Canadian presence of American retail giants such as Walmart and Costco isn't likely to blame for rising grocery prices. That's despite Canadian grocery chain executives having pushed for MPs to question those retailers as part of their study on food inflation.

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.

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.

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.