Evening Update: Federal budget 2024 targets capital gains for billions in new revenue

Good evening, let’s start with today’s top stories:Finance Minister Chrystia Freeland released a federal budget that raises more than $20-billion in new revenue over five years, primarily through changes to Canada’s capital-gains rules, in an effort to have wealthy Canadians and corporations help offset the cost of billions in new spending.As previously signalled by the government, housing, defence and technology research all receive significant funding in the budget, which lays out about $53-billion in new spending over five years.