Toronto/IBNS, April 19 -- Canadas 2024 federal budget unveiled by Finance Minister Chrystia Freeland proposes $52.9 billion in new spending over five years, including $8.5 billion in new spending for housing.

Some of the notable funding initiatives and legislative commitments in budget 2024 include housing, defence, tax hike on capital gains, Canada disability benefit, Indigenous communities, small businesses, increase in vaping tax, CBC/Radio-Canada, and Canadian Security Intelligence Service.

The federal government aims to convert 50 percent underused federal offices into homes, using 1,700-plus Canada Post offices across the country to build new homes while maintaining postal services, looking at redeveloping properties and buildings...