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504 – 2024 Federal Budget: Unintended Consquences?

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Sinopse

Doug and Ted sit down to chat about the 2024 federal budget. Believe it or not Doug actually read the entire budget! They discuss taxes, what a budget means, making tax filing automatic, government single sign-in portal, reducing CRA call centre wait times, NSF fees, free and affordable bank accounts, cell phone charges, credit reports, and payday loans. They also get into detail about how credit for paying rent will impact Canadians.   Timestamps:   00:00 Documentary announcement   02:37 Why should you care about the Federal budget?   03:00 Taxes   06:28 What is a budget?   08:07 Automatic tax filing for low-income Canadians   10:29 Single sign in portal for government services   11:35 Reduce CRA call centre wait times   12:07 NSF Fees   14:23 Free and affordable bank accounts   17:47 Cell phone fees   18:38 Credit for paying rent   24:12 Credit utilization for rent   26:10 Student housing   27:45 Credit bureaus   29:03 Payday loans   29:55 Final thoughts   Related Links:   Should Rent Be a Part of a Credit