Four Things to Watch for in Canada's 2024 Budget

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Finance Minister Chrystia Freeland will table the government's 2024 budget in Ottawa. Bay Street will be watching for deficit discipline and measures to increase housing supply.

All eyes will be on Ottawa Tuesday when Finance Minister Chrystia Freeland tables the government’s 2024 budget. Here’s a look at four things Bay Street will be watching for, from deficit discipline to measures to increase the supply of housing.David-Alexandre Brassard, chief economist at CPA Canada, points out that a balanced federal budget is extremely rare: “It has only happened once since 2008, and there seems to be no desire to do so in the near-term,” he wrote in a budget preview.

by 2025, aiming to allow Canadians to more easily shift their financial data between banks and fintechs to spur competition. Details of the legislative framework to move this forward are expected in the spring budget, according to Parna Sabet-Stephenson, a partner at law firm Gowling WLG.

 

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