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Rideau Canal skating rink, Parliament of Canada in winter

The pre-budget report also recommends reforming the registered disability savings plan

Queen's Park, Ontario legislature, exterior

Report highlights need for “significant” changes to spending or revenue

Toronto skyline from center island

The fiscal update said the feds plan to tax homeowners who use Canada to passively store wealth in housing

the canadian parliament and library during the fall

Changes take effect Jan. 1, 2021

businessman running away from taxman

GST and capital gains tax increases are the most likely candidates, report says

Canadian Parliament Building at Dusk

Next week's fiscal update to focus on pandemic spending

The updated revenue forecast for the province is almost $3 billion higher than the previous quarter

Canadian Parliament Building at Dusk

The Liberals will provide an outlook for the economy as well as spending guidelines

Calculator pen, balance sheet and statistics for sales and taxes

The government will spend $45 billion over the next three years to respond to the pandemic

Queen's Park, Ontario legislature, exterior

The PC government introduced a new regulatory framework for credit unions in its 2020 budget