Filter insights by:
Showing 8 of 17 content results
Budget 2024 Summary: British Columbia Budget 2024
Finance Minister Katrine Conroy tabled British Columbia’s 2024 budget (BC Budget 2024) on February 22, 2023. BC Budget 2024 estimates that the province’s surplus for the 2023-2024 fiscal year was $3.592 billion, compared to the $5.461 billion deficit projected in the previous budget. This surplus is primarily related to higher taxation revenue, which isn’t expected to continue in the upcoming fiscal years.
Federal Budget 2024 Federal Budget 2024: What to expect
The Canadian economy slowed in 2023 with high interest rates and inflation taking a hit on businesses and individuals. Read our analysis on what to expect in Budget 2024.
Tax alert What does Bill C-59 mean for you or your business?
Bill C-59, Fall Economic Statement Implementation Act, 2023, includes a wide range of tax measures such as GAAR, changes to the intergenerational business transfer rules, and several green initiatives.
Tax Alert Underused Housing Tax: Impacts to Canadians and Non-Residents
Property owners with vacant homes in Canada should be aware of the new underused housing tax (UHT), which came into effect on January 1, 2022.
Budget 2024 Fall Economic Statement 2023
On November 21, 2023, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, tabled the federal government’s Fall Economic Statement (FES 2023).
Tax alert New mandatory disclosure rules
Taxpayers, advisors, and promoters (and certain other parties) are required to disclose relevant information on certain tax planning or transactions to the CRA, under the new mandatory disclosure rules.
Tax alert Charitable giving: How changes to AMT may impact your donations
High-income taxpayers that make large donations of qualifying securities, such as public company shares, may not see as much of a tax benefit, under proposed changes to the alternative minimum tax (AMT) rules.
Tax alert Federal government relieves GST on new rental construction
An enhanced rebate is proposed to be available to landlords of new residential rental buildings, as the federal government announces relief for the goods and services tax (GST) on the construction of purpose-built rental housing