How the 2018 federal budget impacts you

Federal Finance Minister Bill Morneau’s third budget represents many things to many Canadians. A brisk read is not one of them.

CTVNews.ca distilled Budget 2018’s 367 pages down to highlight some of most significant changes in store for the average Canadian.

Here’s how the 2018 budget could impact you:

Parental leave

The federal budget earmarks $1.2 billion over five years, starting in 2018-19 to introduce a new Employment Insurance Parental Sharing Benefit that will provide five extra weeks of “use it or lose it” EI parental benefits when both parents share the leave.

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