What the 2024 federal budget means for you
The Decibel
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Government Spending, Inflation Control, and Housing Market Initiatives
The chapter delves into the implications of government adherence to spending parameters in the federal budget to align with inflation control measures. It discusses the Finance Minister's focus on fiscal restraint to support the Bank of Canada's goals and the potential impact on interest rates. Additionally, it explores the government's initiatives to address housing market demands, including providing affordable 30-year mortgages and targeted incentives for first-time buyers of new builds.
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