Budget 2024 tries to sell youth a more affordable life with billions in spending – National [Video]

The Liberal government delivered a federal budget on Tuesday geared towards young Canadians, proposing a spending plan that promises to do everything from make it easier to buy a first home to crack down on costly concert ticket fees.

“We are acting today to ensure fairness for every generation,” Finance Minister and Deputy Prime Minister Chrystia Freeland said in the House of Commons Tuesday as she tabled the Liberals’ 2024 budget.

“We are moving with purpose to help build more homes, faster. We are making life cost less. We are driving the kind of economic growth that will ensure every generation of Canadians can reach their full potential.”

But the $57 billion in spending announced in the Liberals’ latest fiscal plan comes amid a stronger-than-expected economy and new taxes targeting the wealthiest Canadians. Net new spending included in the budget is pegged at $39.2 billion, thanks to these higher revenue offsets.

Kevin Page, Canada’s former parliamentary budget …