2023 budget is geared towards helping Canadian households make ends meet — or at the very least, for example, shaving a few dollars off the cost of a concert ticket.
Read more: In Budget 2023, Liberals eye inflation relief ‘without having to write a big cheque’ Finance Minister Chrystia Freeland teed up the 2023 spending plans as providing support for vulnerable Canadians who are feeling stressed about their own budgets after a year of high inflation and rapidly rising interest rates.Some proposed measures will make a direct impact on households, while others will change the kinds of charges and interest rates businesses can levy at Canadians.Here are five big takeaways from the federal budget you’ll want to know about.One highly touted measure in the 2023 budget is a one-time tax rebate aimed at helping Canadians cope with rampant food inflation.The so-called “grocery rebate,” as reported by Global News and others ahead of the budget’s release on Tuesday, would be aimed at lower-income households.