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What Liberals are planning for federal budget, middle-class tax cut – National [Video]

The federal government does not plan to table a federal budget before the House of Commons rises this summer, the finance minister said Wednesday, drawing criticism from opposition parties of Prime Minister Mark Carney’s priorities.

Finance Minister François-Philippe Champagne said the government’s first priority will be to pass what the Liberals are calling a “middle-class tax cut” by July 1.

“That’s step one,” Champagne told reporters after a cabinet meeting in Ottawa, the first since the new ministry was sworn in Tuesday.

“Step two, you’re going to have a throne speech where we’ll outline the Canadian government’s priorities, and there will be a fall economic statement to follow. So those are really the sequence (of events) that you’re going to see.”

Champagne said the proposed tax cut will be introduced through a ways and means motion in the House of Commons that will be tabled immediately after Parliament returns on May 26.

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Carney on Wednesday signed a document, which …

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