Alberta proposes limits on benefit increases for low-income residents in new bill

A new bill in Alberta, Bill 32, proposes to limit annual increases to benefit payments for low-income and disabled residents to a maximum of two percent. This change affects programs like the seniors' benefit, which many rely on for basic needs. The bill also allows the provincial cabinet to increase benefits beyond the cap in certain situations. Additionally, it aims to introduce alternative finance mortgages for Muslims, making Alberta the first province to regulate such products. Another aspect of the bill includes a $200 annual tax on electric vehicles, set to begin in 2025, to compensate for lost gas tax revenue. The bill also extends the Alberta Child and Family Benefit for grieving families for six months after a child's death.