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HB NEWS MP WEIGHS IN ON FEDERAL BUDGET DAVID LEA dlea@metroland.com From dental care to help for small businesses, Oakville MP Anita Anand says there's plenty for resi- dents to be excited about in the federal budget. is focused on affordability, health care and a clean economy. “All of those issues mat- ter to Oakville residents,” said Anand. "I see them at the dog park, I see them at the hockey rink, and they are talking to me about these issues, which our budget addresses head on." Inthe area of affordabil- ity, Anand said the budget provides low- and modest- income families with a new one-time grocery re- bat bate will cost about $2 5 billion and see eligible couples with two owren receive up to $467 while ai years to create an electric- ity investment fax credit for investments emitting electricity ¢ gener. ation systems. The federal a padian without children will receive up to $234. "That's going to benefit about 11 million Canadi- ans," said Anand. In the area of health care, Anand said the feder- al government is not only investing nearly $200 bil- lion into efficient and ef- fective health care across the country over 10 years, but is investing $13 billion over five years to create a federal dental care plan, which Anand said will al- low low-income families to benefit from dental cover- e. When it comes to creat- ing a clean economy, the budget provides a $6.3 bil- lion investment over four mment will also pe spending § $4. 6 illion r five ye create a ‘Yefundable “clean technology manufactur- ing tax credit equal to 30 per cent of the cost of in- vestments in new machin- ery and equipment used to manufacture Key clean cycle! key critical minerals. there is also help for students, with the budget increasing Canada Student Grants by 40 per ae going to provide up to $4,200 for full-time students," said Anand. "We're also raising the interest free Canada Stu- lent Loan limit from $210 to $300 per week of study. Also, we're increasing | ae limits on certain withdrawals from $5, oot o $8,000 for full-time stu- dents and up to $4,000 for part-time students." Oakville's MP said thelp is also coming for small businesses. She noted the federal government has commitments from Visa and Mastercard to lower consumers offered by Can- ada's largest banks. Anand said more than 90 per cent of credit-ac- cepting businesses will see their interchange fees re- duced by up to 27 per cent from the existing weighted average rate. “That is going to be rev- olutionary for some of our akville businesses," said ly ‘Aepsiny | seneeg aI1A¥20 | € Graham Paine/ Metroland Oakville MP Anita Anand offers her thoughts on the federal budget... and. ment is now projecting a With the release of this deficit of $40.1 billion for budget, the federal govern- 2023 ‘TERMS AND CONDITIONS APPLY Turn to the experts AIRE ONE |) 905-6 HEATING & COOLING |BBB. 849-4998 8 www.aireonewest.ca Peter Watson MBA, CFP, CIM, RFP, FCSI fer Watson. MBA, CFP, CIM Watson Investments BOOK A MEETING to learn more about how Watson Investments can help you. a woo"uoyEYyapIsUt