On April 16, 2024, the federal government introduced Budget 2024: Fairness for Every Generation. The Budget contains tax measures aimed at generating increased tax revenue from wealthier Canadians. The federal government believes that this will make the tax system more "fair". The most significant ...
Ontario budget— 26 March 2024 Manitoba budget— 2 April 2024 Northwest Territories budget— 24 May 2024 Past budget coverage: 2023 budget Tax Alerts 2022 budget Tax Alerts 2021 budget Tax Alerts 2020 budget Tax Alerts Tax Alerts - Canada Tax Alerts cover significant tax news, developm...
In short, it’s all about building long-term wealth versus entertaining a short-term vision, with very capital-efficient investments. Speaking of short-term vision, we must take a moment to comment on the recent capital gains tax increase outlined in the federal budget. We get that we ...
On April 16, 2024, the Deputy Prime Minister and Minister of Finance, Chrystia Freeland, presented the federal government’s budget. Read more about the tax initiatives proposed in the budget in our in-depth Tax Insights. Key highlights: Increases to the capital gains inclusion rate for all co...
Big changes have arrived in the world of capital gains tax., these updates, announced in Budget 2024, are stirring quite a conversation, especially among us in the real estate sector. Here’s what you need to know about these changes and how they might affect your... read more Read all...
On Monday, prime minister Justin Trudeau was on Vox’s “Today, Explained”podcast, and one of the topics was how he is fighting populism in Canada. While you have to wade through a bunch of sales pitches about the budget in there, you get to the part where Trudeau does talk about try...
Thus, while the spending initiatives in the federal budget are appropriate, they should have been offset through greater revenue mobilization. The increase in the capital gains inclusion rate improves the tax system… Consideration could be given to other changes—such as an increase in the GST rat...
A federal budget is always going to be a compromise, but increasing funding for the CBC, keeping on track with moves towards universal dental care and pharmacare, improving the situation of affordable housing, and paying for various things by increasing taxes on the wealthiest 1% seem perfectly ...
Big changes have arrived in the world of capital gains tax., these updates, announced in Budget 2024, are stirring quite a conversation, especially among us in the real estate sector. Here’s what you need to know about these changes and how they might affect your... read more Read all...
Le 24 février 2022, le ministre des Finances de l’Alberta, Travis Toews, a déposé le budget de la province pour l’exercice 2022‑2023.