The federal budget doubles down on help for first-time homebuyers, but it also sets its sights on students, environmentally minded car buyers, low-income seniors and people worried about outliving their money in retirement.
Pre-election budgets are like that. Something for everyone. Here’s a rundown of the main groups who will be affected by personal finance measures in the budget:Under a new program called the First-Time Home Buyer Incentive, a fund administered by Canada Mortgage and Housing Corp. will provide 5 per cent of the cost of an existing home and 10 per cent of a new home through what amounts to an interest-free loan to be repaid when the property is sold.
globemoney David & Peg Leg: After a 'full analysis' you make these intelligent comments!! Yikes
globemoney If you’re a taxpayer the money only flows one way. Into the wealth redistribution scheme called government. Taxpayers are mindless worker drones creating comfort for the ones that can’t be bothered to put in an effort. F*ck Government. cdnpoli
globemoney There is zip in this budget that will benefit me.
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