Close X
Friday, September 20, 2024
ADVT 
National

Finance ministers to talk housing, pensions and economy at annual meeting

Darpan News Desk The Canadian Press, 15 Dec, 2023 10:57 AM
  • Finance ministers to talk housing, pensions and economy at annual meeting

Finance Minister Chrystia Freeland started off her meeting with her provincial and territorial counterparts by saying housing is the central priority for many Canadians today.

She says today's discussions in Toronto will include looking how to work together to build more homes faster, and crack down on short term rentals.

The meeting comes as Canada continues to struggle with high inflation and elevated interest rates weighing on the economy and on many managing mortgage payments or trying to get into the housing market.

Freeland says the importance of working together to protect the retirement of all Canadians will also be addressed.

The ministers held a special meeting last month to discuss Alberta Premier Danielle Smith's push to quit the Canada Pension Plan for an Alberta-only version.

On his way into the meeting, Ontario Finance Minister Peter Bethlenfalvy (BETH'-len-fahl-vee) said he expects Freeland to ask the ministers for feedback on a potential C-P-P exit from Alberta.

But Saskatchewan Finance Minister Donna Harpauer is downplaying the need to take need to take care of the issue immediately, calling it a "very long process" that is not urgent.

 

MORE National ARTICLES

Canadians to get update on federal finances, new housing measures in budget update

Canadians to get update on federal finances, new housing measures in budget update
Finance Minister Chrystia Freeland is set to present the traditional fall update on Canada's finances — a fiscal blueprint that's expected to include measures aimed at getting more homes built. A senior government official, whom The Canadian Press is not naming because they were not authorized to share details publicly, confirmed Monday that several housing policies would be part of Tuesday's fiscal update.  

Canadians to get update on federal finances, new housing measures in budget update

Ibrahim Ali's lawyers call no evidence in B.C. murder trial

Ibrahim Ali's lawyers call no evidence in B.C. murder trial
Ibrahim Ali's lawyers have told the jury in his first-degree murder trial they will not be calling any evidence in defence of allegations he sexually assaulted and killed a 13-year-old girl in Burnaby, B.C.   

Ibrahim Ali's lawyers call no evidence in B.C. murder trial

Canada awaiting news of possible deal between Israel, Hamas to release hostages: Joly

Canada awaiting news of possible deal between Israel, Hamas to release hostages: Joly
The temporary ceasefire deal could bring the first pause in fighting in a devastating six-week war. The conflict started Oct. 7 when Hamas militants killed an estimated 1,200 people in Israel and captured roughly 240 hostages.

Canada awaiting news of possible deal between Israel, Hamas to release hostages: Joly

1 in hospital in Langley shooting

1 in hospital in Langley shooting
At approximately 7:30 this morning, Langley RCMP received reports of shots heard in the 20100 block of 84 Avenue. Police located an individual at the scene suffering from what is believed to be a gunshot wound.

1 in hospital in Langley shooting

Statistics Canada says annual inflation rate slowed to 3.1% in October

Statistics Canada says annual inflation rate slowed to 3.1% in October
Excluding gasoline, Statistics Canada says the consumer price index was up 3.6 per cent for October, following a 3.7 per cent increase for September. Prices for goods were up 1.6 per cent, while prices for services were up 4.6 per cent, largely due to higher prices for travel tours, rent and property taxes and other special charges.

Statistics Canada says annual inflation rate slowed to 3.1% in October

CRA claws back $458 million in pandemic-era wage subsidies after partial audit

CRA claws back $458 million in pandemic-era wage subsidies after partial audit
The Canada Revenue Agency has denied or adjusted $458 million in funds disbursed to employers through a pandemic-era wage subsidy program as a result of a partially completed auditing process. The agency is releasing a report Monday that offers detailed findings of its audits of the Canada Emergency Wage Subsidy Program.

CRA claws back $458 million in pandemic-era wage subsidies after partial audit