Press release

20 Mar. 2023 Ottawa, CA

EY spokespeople available for federal budget insights and commentary

Press contact
Nicolette Addesa

EY Canada Public Relations Specialist

Leader in the business of storytelling and corporate positioning. Lover of written and spoken word. Can be found snapping pictures around Toronto.

Related topics Tax

With inflation at its highest level in decades, rising interest rates and fears of an economic recession, EY professionals anticipate that this year’s 2023 federal budget will focus on delivering incentives that spur sustainable and long-term growth, while reassuring Canadians that their interests are being prioritized.

The EY Tax Alert outlines topics for discussion, which may include key themes such as:

  • Sustainability: possible investment tax credits for clean technologies, including clean hydrogen and carbon capture, utilization and storage (CCUS) to help Canada transition to a greener economy, reduce its carbon footprint and meet its climate goals. In addition to further details around the Canada Growth Fund, which aims to attract private capital investment.
  • Innovation: further details on the Canadian Innovation and Investment Agency along with a review of the Scientific Research & Experimental Development (SR&ED) tax credit and potential adoption of a patent box regime that could encourage greater investment in research and development.
  • Talent: Canada’s response to the US Inflation Reduction Act (IRA) offering generous tax incentives for clean technology investments, which poses a risk of losing skilled talent and capital to the US.

Fred O'Riordan, National Tax Policy Leader, EY Canada and Stéphane Leblanc, Tax Partner, EY Private will be attending the budget lock up on March 28 and are able to provide direct insights on the federal budget and its impact on Canadian citizens and businesses. They will also be hosting a webcast that evening at 6:30 pm EDT to share insights into what was covered. Register for the event here.

Additionally, EY business subject matter experts are available to provide insights.

To learn more about the Canadian federal, provincial and territorial budgets or explore EY's Tax Alerts, click here.

To engage a spokesperson, or for more information, please contact Nicolette Addesa,, 416-941-3336.

– ends –

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 member firms do not practice law where prohibited by local laws. For more information about our organization, please visit  Follow us on X @EYCanada.