The Department of Finance recently released a package of materials containing potential changes to the Canadian tax system (Tax Proposals). The materials, released on August 9, 2022,.
On April 7, 2022 (Budget Day), the Minister of Finance introduced Canada’s 2022 Federal Budget (Budget 2022). While taxpayers may be relieved that Budget 2022 does not include an.
The 2022 federal budget includes a pair of tax increases for big banks and insurance companies that will bring in more than $6 billion in revenue and put high income earners on notice that they could be next. But NDP Leader Jagmeet Singh says he thinks Prime Minister Justin Trudeau should have gone further.
In the 2022 federal budget, the government is unveiling tens of billions in new spending over the next five years, aimed at targeted initiatives to build the economy, while continuing to chip away at the deficit.