Keep visiting this page for up-to-date information on the federal, provincial and territorial budgets.
Federal budget 2014–15
- Insurance swaps and offshore banking arrangements: Bill C-43 (2014)
Tax Alert No. 56, 28 October 2014
On 23 October 2014, the federal government tabled Bill C-43, which includes certain tax measures announced in the 2014 federal budget and earlier with respect to insurance swaps and offshore banking arrangements.
- Finance tables NWMM for 2014 budget measures and various technical changes
Tax Alert No. 53, 14 October 2014
On 10 October 2014, the Department of Finance tabled a notice of ways and means motion (NWMM) that includes the draft legislative proposals that were released on 29 August 2014 relating to the 2014 federal budget, as well as a number of technical changes to the Income Tax Act and the Income Tax Regulations.
- Finance releases draft financial services tax measures
Tax Alert No. 44, 2 September 2014
On 29 August 2014, the Department of Finance released certain legislative proposals affecting financial services organizations stemming from the February 2014 budget and earlier. Interested parties are invited to provide their comments by 28 September 2014.
Read our Tax Alert on the 2014 federal budget, tabled on 11 February in the House of Commons by Finance Minister Jim Flaherty.
- Budget webcast
To hear more in-depth analysis and perspectives on the budget, watch our webcast.
- Federal budget introduces new international tax measures
The federal budget tabled on 11 February 2014 includes a number of measures targeting specific elements of Canada’s international tax system including insurance, offshore regulated banks, back-to-back loans and immigration trusts. The budget also announces new public consultations on a broader range of international tax issues, and confirms the government’s intention to proceed with certain previously announced reforms.