May 21, 2024
Mortgage

Trudeau to introduce ‘halal mortgage’ for Muslims in Canada, bans foreigners from buying home for 2 years – Firstpost

Canadian Prime Minister Justin Trudeau. Reuters File With a particular focus on the Muslim community, the Canadian government is exploring options to broaden access to financing alternatives, including halal mortgages. Part of Prime Minister Justin Trudeau’s efforts to support Canadians aspiring to become homeowners, particularly Muslims, the Liberal government in the recent federal budget revealed

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Finance

Canada proposes higher tax on 0.1%—For anyone under 40, it’s ‘just harder to establish yourself,’ finance minister says

Canadian Prime Minister Justin Trudeau ’s government announced Tuesday it is imposing higher taxes on the wealthiest Canadians as part of the federal budget. The budget proposes to increase the capital gains inclusion rate, which refers to the taxable share of profit made on the sale of assets. The taxable portion of capital gains above $250,000 Canadian

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