2023 Canadian Federal Budget Breakdown: What YOU Need to Know

2023 Canadian Federal Budget Breakdown: What YOU Need to Know

On today's April update episode, Darren and Christina do an analysis of the 2023 Canadian federal budget including increases on tax rate, 1.18 trillion dollars in federal debt, but no changes to life insurance! They also chat about the updates to RESP as well as how the insurance companies that are compatible with infinite banking fared this past year in terms of revenue. Tune in now!

Show notes:

00:00 - Introduction

1:00 - Thank you to our listeners/viewers!

2:05 - Budget Analysis

5:00 - Government's solution for housing crisis

8:35 - RESP Updates

11:55 - Alcohol tax increase gets lowered…Canadians let out sigh of relief

13:05 - Insurance companies update

14:05 - Inflation and interest rates update

16:30 - C&C episode update

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