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AFS Insights

Federal Budget 2019


Copies of the 2019 budget booklet are stacked at a lockup session with experts and reporters in Ottawa on Tuesday, March 19, 2019. THE CANADIAN PRESS/Fred Chartrand


On March 19th, the federal government announced its latest budget, which included a number of proposed changes to social programs that will be phased in over the next several years.  There are also changes coming to registered savings accounts such as RRSP, RDSP, RRIF, RPP, and the TFSA.  These changes are aimed to help middle class Canadians save for retirement and optimize their savings.  The following two links summarize these changes and put into plain language some of the proposed actions that will affect Canadians and their families:


The Globe and Mail:

Federal budget 2019 highlights: 10 things you need to know


Empire Life:

2019 Canada’s Budget


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