Finance Minister Bill Morneau released the 2019 Federal Budget on Tuesday, March 19th and compared with the last two years, this pre-election budget holds limited tax changes for individuals and businesses. The federal government is projecting a deficit of approximately $15 billion for fiscal year 2019 and $20 billion for the following two years.
Yesterday, Finance Minister Bill Morneau released his highly anticipated 2018 Federal Budget, geared towards equality, and being a more competitive, diverse, and inclusive country. GGFL’s main focus is on how each budget will impact our clients and their businesses. To that end, we have chosen the top five budget highlights that we feel will have the greatest impact on you in 2018.
Following its release yesterday afternoon, there’s no doubt that the hot topic at the water cooler today will be on the 2017 Ontario Budget. We have provided some highlights you need to know to keep up your end of the conversation.
Yesterday, the Liberal government released its 2017 Federal Budget. GGFL has selected the following changes to the budget that will impact taxpayers.
In its March 2016 Federal Budget, the Liberal government made some key changes to tax legislation that will affect the after-tax proceeds that business owners can retain from the sale of their business assets (as opposed to the sale of shares of their business corporation). These changes come into effect on January 1, 2017. Here, we explore the changes and what they may mean for you.
On March 22, 2016, the newly elected Federal Liberal Government tabled its first budget, bringing proposed changes to tax credits and benefits for Canadian families with children. The effects of these changes on families will depend on the number and ages of the children in the family, as well as the income of the parents.
The new Liberal government released its first budget on March 22, 2016. We have highlighted five budget items that will impact tax payers.
Ontario Finance Minister Charles Sousa presented his fourth budget on February 25, 2016.