The Canadian government recently unveiled Budget 2023, which includes a series of measures aimed at providing relief to Canadians struggling with the rising cost of living. From a one-time Grocery Rebate to cracking down on junk fees and predatory lending, the government has proposed several initiatives to support vulnerable Canadians.
One of the major announcements in Budget 2023 is the Grocery Rebate, which will provide $2.5 billion in targeted inflation relief for 11 million low- and modest-income Canadians and families. Eligible couples with two children will receive up to an extra $467, single Canadians without children will receive up to an extra $234, and seniors will receive an extra $225 on average. This rebate will help ease the burden of rising food prices and allow Canadians to put food on their tables without worrying about financial strain.
The government also plans to crack down on junk fees, which often catch Canadians off guard and add to the cost of essential goods and services. This could include higher telecom roaming charges, event and concert fees, excessive baggage fees, and unjustified shipping and freight fees. By reducing these fees, the government hopes to make life more affordable for Canadians
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Predatory lending is another issue that can be particularly damaging for low-income Canadians, newcomers, and seniors. Budget 2023 proposes to introduce changes to the Criminal Code to lower the criminal rate of interest from 47% APR to 35% APR, in line with the lowest cap among provinces, in Quebec. The government will also adjust the Criminal Code’s payday lending exemption to require payday lenders to charge no more than $14 per $100 borrowed, in line with the lowest cap among provinces, in Newfoundland and Labrador.
To make life more affordable for Canadians and protect the environment, Budget 2023 also proposes a right to repair for home appliances and electronics. This will allow Canadians to fix their own devices or take them to independent repair shops instead of having to buy new ones or pay high fees to manufacturers. This will save money, reduce waste, and create jobs in the repair sector.
Budget 2023 is a comprehensive plan that reflects the government’s commitment to helping Canadians make ends meet in these challenging times. By providing targeted relief, lowering fees, protecting consumers, and promoting sustainability, the government is building a more resilient and inclusive economy for all.
Upcoming Events
2024 Let It Glow – Christmas Drive Thru
Experience the magic of Christmas at the Let It Glow Christmas drive-thru light show in Winnipeg. From December 1 to December 31, visitors can enjoy this free, family-friendly event at Grant Memorial Church (877 Wilkes Ave, Winnipeg, MB) from 5 PM to 10 PM daily. The event features stunning light displays, festive music, and a heartwarming story of Christmas. It’s a perfect way to kick off the holiday season with loved ones while driving through one of Winnipeg’s most enchanting Christmas light shows.
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Free Christmas Day Dinner at Mission Baptist Church
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2024 New Year’s Eve at Casinos of Winnipeg
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NYE Pajama Party Fun at IKEA!
Join us at IKEA Winnipeg for an unforgettable New Year's Eve Pajama Party! We’ve got
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2024 New Year’s Eve Party At Champlain Community Centre
Celebrate New Year's Eve 2024 at the Champlain Community Centre's Family New Year’s Eve Extravaganza! Happening on Tuesday, December 31, 2024, from 6:00 PM to 9:00 PM at 282 Niverville Avenue, this free event offers bouncy castles, ice skating, food, and a spectacular fireworks display at 8:30 PM. Families are encouraged to attend and enjoy an evening of fun and festivities.
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New Year’s Eve Family Fun at East Elmwood CC
Join us for some family fun at East Elmwood Community Centre!
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2024 New Year’s Eve Fireworks at Oxford Heights CC
Oxford Heights will be sponsoring and hosting New Years Eve Fireworks again this year !
Show starts at 8pm Canteen will be available .
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New Year’s Eve at Royal George Hotel
Making Plans For New Years Eve? Here’s what we’re up to. Vinyl Revival will be at
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2025 New Year’s Day at The Forks
Celebrate New Year's Day at The Forks on January 1, 2025, from 11 AM to 4 PM. Enjoy a variety of exciting activities, including drag performances, games, crafts, yoga classes, and outdoor music. Located at 1 Forks Market Road, Winnipeg, this family-friendly event offers something for everyone. All activities are free to attend, making it the perfect way to kick off the new year at one of Winnipeg’s most popular destinations.
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