Federal budget

Economic Indicators

Highlights from budget 2018

From passive income rules to cybersecurity spending, here's what the feds propose

By Staff, with files from The Canadian Press |February 27, 2018

6 min read

Economic Indicators

Morneau to table federal budget Feb. 27

Announcement made today in House of Commons

By Andy Blatchford, The Canadian Press |February 13, 2018

2 min read

Industry

Improve financial literacy, tax credits: finance committee

Ahead of Budget 2018, the House of Commons finance committee conducted consultations to hear suggestions to improve productivity and competitiveness. Suggestions are summarized in a report, which lists 92 recommendations. Here are highlights: Read: What young clients don’t understand Read: Credit unions fight back at banks’ exclusive use of industry terms Read: Feds name new […]

By Staff |December 18, 2017

2 min read

Economic Indicators

Expect smaller budget deficits in fall update: RBC

The federal government should take advantage of strong economic growth and a smaller-than-expected 2016-17 budget deficit to reduce deficit-financed spending when it issues its fall economic statement next week, a research note from RBC says. Finance Minister Bill Morneau will deliver his fall fiscal update on Oct. 24. Budget 2017 projected a $28.5-billion deficit for […]

By Staff |October 20, 2017

1 min read

Small business tax regime almost ‘unworkable’

Ottawa’s changes to the private corporation and small business tax rules have made the new regime so complex that it’s almost unworkable, tax experts said at a conference panel Monday. Speaking at the Society of Trust and Estate Practitioners’ annual conference in Toronto, panelists said rules around associated corporations, arm’s-length individuals and various carveouts make […]

By Simon Doyle |June 13, 2017

3 min read

The good, the bad and the tepid: reaction to the federal budget

Federal budget measures to promote economic growth don’t go far enough, says Ian Russell, president and CEO of IIAC, in a letter from IIAC responding to the budget. For example, he cites the Canadian Business Growth Fund, announced March 9, 2017 and mentioned in the budget, which provides capital from Canada’s leading banks and financial […]

March 23, 2017

4 min read

Federal budget: What’s in and what’s out

Here are selected highlights of what’s in and what’s out now that the federal budget has been tabled. What’s in (Explanations of tax credits are courtesy of EY’s report on the budget.) What’s out Spending for families, students and workers Overall, the budget is light on spending and long on vision. Note that most of […]

4 min read

Morneau to table federal budget March 22

Bill Morneau, Justin Trudeau’s Finance minister, announced he will table the 2017 federal budget on March 22. Follow Advisor.ca that day for full coverage after 4 p.m. Eastern. Read: CRA to release registered fee folio this spring Clients have unique tax needs? Here are tips How foreign exchange impacts capital gains

By Staff |March 7, 2017

1 min read

Federal budget

Highlights from budget 2018

Morneau to table federal budget Feb. 27

Improve financial literacy, tax credits: finance committee

Expect smaller budget deficits in fall update: RBC

Your taxes in action: Federal spending highlights

The summer’s most active tax lobbyists

Small business tax regime almost ‘unworkable’

The good, the bad and the tepid: reaction to the federal budget

Federal budget: What’s in and what’s out

Morneau to table federal budget March 22