How Carney's budget could affect your wallet, from a $150 cheque to a $1.5

Measures in the federal budget also include letting Canada Post set its own postage rates, and a promise to look into bank fees

Now that the dust has settled on the 2025 federal budget announcement, it’s time to see how ordinary Canadians might see their everyday lives affected by some of the government’s decisions . Here are a few takeaways.

More money from a deposited cheque

If you’re the type who still deposits paper cheques in the ATM (or hands them to a bank teller) there’s good news. The budget proposes raising the amount of money immediately available from a just-deposited cheque to $150 from the current $100.

“Access to cheque fund rules are now over a decade old and have not kept pace with cost-of-living increases or technological advances,” the budget document notes.

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