The federal budget will aim to help Canadians struggling with high prices and inflation.
A targeted grocery rebate will see low-income residents receive a one-time payment on their GST rebate cheque.
Single people with no children will receive $234, families of four will get $467 and seniors can expect $225.
Finance Minister Chrystia Freeland also unveiled a plan to reform the Criminal Code to limit the interest predatory lenders can charge on services like payday loans.
Details were also revealed on the dental-care plan which will provide dental care to uninsured Canadians with a family income of less than $90,000 annually.
This year’s budget comes in with a much higher deficit, $43 billion, than the $36.4 billion previously forecasted.
Slower economic growth and lower government revenues are being blamed with the budget projecting that there will still be a $14 billion deficit on the books in five years.
That’s a reversal from last fall’s projection that the budget would be balanced by 2027-28.
***With files from Wendy Gray
Something going on in the Prince George area you think people should know about?
Send us a news tip by emailing [email protected].
