Deputy Prime Minister and Finance Minister Chrystia Freeland released the Federal Government’s first Pandemic Budget (“Budget 2021”) on April 19th 2021. Budget 2021 focuses on spending for COVID recovery including: extension of some key Covid-19 support programs to September 25th 2021 such as the Canadian Emergency Wage Subsidy (CEWS) Program, the Canada Emergency Rental Subsidy […]
Canada’s Federal Budget Date – Monday, April 19, 2021 The 1st Federal budget in 2 years will be on Monday April 19, 2021. Finance Minister Chrystia Freeland made that announcement earlier this week in the House of Commons. Will they raise taxes or keep the same to be more competitive to the US should Biden […]
The 2020 Federal Budget was originally scheduled to be tabled March 30th but they announced this past Friday that it will be rescheduled. The House of Commons is taking a break until April 20th (in light of COVID-19) so it won’t be delivered before then. Stay tuned for another blog post once the new date is announced.
Overview On March 19th 2019, Finance Minister Bill Morneau delivered his 4th Federal Budget since the Trudeau Liberal Government took office in 2015. After significant corporate and personal tax changes made over the past three years, Budget 2019 was light on tax changes but big on spending. Budget 2019 projects a deficit of $14.9 […]