The 2024 Federal budget was presented on April 16th, 2024, by the Deputy Prime Minister and Minister of Finance, Chrystia Freeland. The trusted advisors of Crowe BGK summarize important tax measures announced in the Budget below. If you require assistance, connect with us in Ottawa or Montreal....
which sets out the federal government’s revamped spending priorities and tax plans (the “2024 Budget”). The theme of the 2024 Budget is “fairness for every generation” with the general intention being to make life more affordable for Canadians – especially young Canadians. The...
On May 14, 2024, the Australian government handed down the 2024-2025 Federal Budget. In this update, we outline the key points from the Budget affecting Australia’s immigration policies. Permanent Migration Program Planning for 2024-25 The Australian Government has set a target of 185,000 place...
The 2024 federal budget: Bad news for medical professional corporationsDunne, CaitlinBritish Columbia Medical Journal
In a new projection from the nonpartisan Congressional Budget Office, the federal budget deficit – the gap between government revenue vs. spending – will be $1.9 trillion for the 2024 fiscal year. Thedeficit forecastis $400 billion higher than the CBO’s last estimate in F...
Budget 2024 promises$825 million, over five years, for grad student scholarship supports, to ensure graduate students can continue their valuable research. PerSupport Our Science, "this is thelargest investment in graduate studentsand postdoctoral scholarsin more than 20 years....
Budget 2024 projects adeficitof $39.8 billion in 2024-25, falling to $30.8 billion by 2026-27 and $20 billion by 2028-29. This would mean a deficit of 1.3% of GDP for 2024-25, declining to 0.9% by 2026-27 and 0.6% by 2028-29. Interest ondebtis now projected to rise from $54.9...
Budget 2024 promises$825 million, over five years, for grad student scholarship supports, to ensure graduate students can continue their valuable research. PerSupport Our Science, "this is thelargest investment in graduate studentsand postdoctoral scholarsin more than 20 years." ...
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.
Legislation updates Federal Budget 2024-25 Federal Budget 2023-24 Superannuation Legislation 2024-25 Read about the latest announcements and the legislative changes that could affect your super. Australian Senate passes legislation to protect the purpose of super. ...