Tax Alert – Canada
Tax Alerts cover significant tax news, developments and changes in legislation that affect Canadian businesses.
- Federal budget 2017-18 Targeted measures for FSOs
No. 12, 24 March 2017
On 22 March 2017, federal Finance Minister Bill Morneau tabled his second budget. Read on for observations on how the tax measures could impact financial services organizations (FSOs), namely, banks, insurers and asset managers, as well as their clients.
- Saskatchewan budget 2017-18
No. 11, 22 March 2017
Saskatchewan Finance Minister Kevin Doherty tabled the province's fiscal 2017-18 budget on 22 March 2017.
- Private company insights: federal budget 2017-18
No. 10, 22 March 2017
Read our executive summary highlights of Budget 2017 that are relevant to private companies and their shareholders.
- Federal budget 2017-18
No. 09, 22 March 2017
Read our late-breaking Tax Alert on the 2017-18 federal budget. And to hear more in-depth analysis and perspectives on the budget, view our budget evening webcast.
- CRA releases guidance on CbC reporting
No. 08, 20 March 2017
On 2 March 2017, the Canada Revenue Agency (CRA) released Guide RC4651, its guidance on country-by-country (CbC) reporting in Canada, a new filing obligation for multinational enterprise groups with consolidated revenues of €750m or more.
- Alberta budget 2017-18
No. 07, 16 March 2017
Alberta Finance Minister Joe Ceci tabled the province's fiscal 2017-18 budget on 16 March 2017.
- Nunavut budget 2017-18
No. 06, 23 February 2017
Nunavut Finance Minister Keith Peterson tabled the territory's fiscal 2017-18 budget on 22 February 2017.
- British Columbia budget 2017-18
No. 05, 22 February 2017
BC Finance Minister Michael de Jong tabled the province's fiscal 2017-18 budget on 21 February 2017.
- New Brunswick budget 2017-18
No. 04, 8 February 2017
New Brunswick Finance Minister Cathy Rogers introduced the province's fiscal 2017-18 budget on 7 February 2017.
- Northwest Territories budget 2017-18
No. 03, 3 February 2017
Northwest Territories Finance Minister Robert C. McLeod tabled the territory's fiscal 2017-18 budget on 1 February 2017.
- Alberta's Venture Capital Tax Credit
No. 02, 12 January 2017
The Alberta Government has introduced the Alberta Investor Tax Credit (AITC) to stimulate investment in certain industries with strong job-creation potential. The AITC offers a 30% tax credit to investors who provide venture capital to eligible companies during the three-year period in which the AITC program is in force, and is offered on a first come, first served basis. The program will start accepting applications on 16 January 2017.
- New Alberta tax credit to stimulate investment and create jobs
No. 01, 3 January 2017
Effective 1 January 2017, companies can apply for the new Capital Investment Tax Credit (CITC). The two-year credit will provide $70m in investment credits for manufacturing, processing and tourism infrastructure to spur economic diversification and job creation in Alberta.