Posted by & filed under Canadian Economy, Canadian Government, Personal Tax.

Description: The federal government released its budget this week, with a planned surplus of over a billion dollars. One of the tax measures for Canadians was an increase in tax free savings account limit to $10,000 per year. There were also changes in the small business tax rate.

Source: thestar.com

Date:  April 21, 2015

Link: http://www.thestar.com/news/canada/2015/04/21/highlights-of-the-2015-16-federal-budget.htmlDiscussion Points:

1) As a student, what type of measures would you like to see in a federal budget?

2) What do you think of the changes in the limits for tax free savings accounts? Is this a savings option that appeals to you or your friends? Your parents?

3) The article speaks of over $1 billion being allocated for research infrastructure. Do you know if your university is on track to receive any of these funds?

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