Tax Alert – Canada
Tax Alerts cover significant tax news, developments and changes in legislation that affect Canadian businesses.
- 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.