Welcome to this special episode of Strictly Money, where we dissect the aftermath of Canada's federal budget announcement. Jake Fuss of the Fraser Institute joins Saijal Patel as they unravel the implications of Finance Minister Chrystia Freeland's budget, specifically crafted to resonate with millennials and Gen Z amidst the pressing issue of housing affordability. They discuss the ballooning debt, new capital gains tax rules and whether Canada is headed in the right or wrong direction when it comes to personal and economic prosperity. ------------------------------------- ⏰Timestamps: 00:00 - 03:37: Budget Woes: Unsustainable Tax and Spending 03:38 - 08:15: Canada's Lagging Living Standards and Fiscal Responsibilities 08:16 - 11:21: Government's Debt Dilemma: $54 Billion Spending Surge 11:22 - 16:03: Tax Hike Fallout: Discouraging Private Investment 16:04 - 18:42: Housing Policy Pitfalls: Price Rise Concerns 18:43 - 20:59: Housing Crisis: Limits of Withdrawal Increase 21:00 - 23:09: Prioritizing Tax Competitiveness and Productivity 23:10 - 25:09: Advocating for Early Financial Literacy Education ------------------------------------------- GUEST LINKS & RESOURCES: Jake’s Blog: https://fraserinstitute.org/blogs/federal-budgets-scale-of-spending-and-debt-reveal-a-government-lacking-self-control LEARN MORE ABOUT BMO ETFS (SPONSOR): https://www.bmo.com/main/personal/investments/etf/ --------------------------------------------------- Saijal Patel, CFA, is a former CNBC and BNN journalist and passionate financial wellness advocate. She's bringing Strictly Money directly to you via YouTube, Apple Podcasts, Spotify and where ever you get your podcasts. Connect on LinkedIn: https://www.linkedin.com/company/saij-elle/ Follow on X: https://twitter.com/strictlymoneytv Get in touch: https://saijelle.com/contact-us/ Join Saij Elle’s FREE Money Masterclass for Women: https://courses.saijelle.com/master-class/