Prime Minister Stephen Harper is undoubtedly hoping that this year’s round of tax cuts and expanded family benefits will make Canadians feel richer as the country heads towards a fall election, but a new report from the Bank of Montreal suggests that may not pan out as hoped.
The Harper government’s tax cuts and expanded family benefits will put some $4.5 billion in Canadians’ pockets this year, but provincial austerity budgets will eat up about three-quarters of that, BMO economist Robert Kavcic estimates.
The Harper government’s tax cuts and expanded family benefits will put some $4.5 billion in Canadians’ pockets this year, but provincial austerity budgets will eat up about three-quarters of that, BMO economist Robert Kavcic estimates.
