Federal budget

Feds post $1.2 billion deficit between April and July: Finance Department

Economic Indicators

Feds post $1.2 billion deficit between April and July: Finance Department

That compares to a surplus of $6.3 billion during the same period last year

By The Canadian Press |September 29, 2023

1 min read

Feds release draft legislation on alternative minimum tax, intergenerational business transfers

Tax News

Feds release draft legislation on alternative minimum tax, intergenerational business transfers

Proposals from the 2023 budget are out for consultation until Sept. 8

By Staff |August 4, 2023

1 min read

Federal government posts $1.5B surplus for first two months of fiscal year

Economic Indicators

Federal government posts $1.5B surplus for first two months of fiscal year

Revenues rose by $1.3 billion on higher interest and employment insurance premiums, and greater proceeds from personal income tax

By The Canadian Press |July 28, 2023

1 min read

Federal government passes 2023 budget implementation bill

Tax News

Federal government passes 2023 budget implementation bill

Changes to RESPs and RDSPs, caps on payday loans and leeway to increase the CDIC limit are all law now

By Melissa Shin |June 23, 2023

2 min read