Press release

20 Feb. 2018 Ottawa, CA

What will the federal budget mean for Canadian businesses?

With the next federal election just twenty months away and only one more budget remaining before then, the 27 February 2018 federal budget announcement is expected to address ongoing government priorities and tie-up loose ends. What will Canadian businesses likely see? EY Canada leaders anticipate matters of private company tax reform, investment in innovation, attention to gender equality and a potential response to US tax reform or conflict between provinces to come into focus.

Press contact
Sarah Shields

EY Canada Assistant Director, Public Relations

Passionate communicator and writer. Firmly believes Vancouver summers are worth six months of rain.

Related topics Tax

EY sources available for budget insights and commentary

With the next federal election just twenty months away and only one more budget remaining before then, the 27 February 2018 federal budget announcement is expected to address ongoing government priorities and tie-up loose ends. What will Canadian businesses likely see? EY Canada leaders anticipate matters of private company tax reform, investment in innovation, attention to gender equality and a potential response to US tax reform or conflict between provinces to come into focus.

Our seasoned business and tax professionals are available to offer insights across industries and regions on budget day and shortly after.

Federal budget topics for discussion may include:

  • Further details on private corporation tax planning reforms
    • Passive investment income tax changes
  • SR&ED tax incentives or spending
  • Changes in the taxation of capital gains
  • Investment in green or environmental innovations
  • Policy to encourage gender equality
  • Further details on the Indigenous Recognition and Implementation of Rights Framework
  • Response to US tax reform impact
  • Trade policy update in light of stalled NAFTA negotiations
  • Interprovincial trade measures
  • Infrastructure spending across Canada
  • Update on OECD BEPS international aggressive tax planning measures
  • Further details on cannabis legalization

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About EY

EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.  Follow us on Twitter @EYCanada.