2023 Canadian federal, provincial and territorial budgets
Comprehensive budget insights and analysis for you and your business.
Explore the key tax measures announced in the federal, provincial and territorial budgets and how they may affect your business and personal circumstances. Our team of EY tax professionals will do a deep dive into the proposals and provide an in-depth analysis on what this could mean for you and your business.
Federal budget 2023
On 28 March 2023, federal Finance Minister Chrystia Freeland tabled the 2023–24 budget. For a comprehensive summary of the proposed tax measures and what this could mean for you and your business, see our detailed Tax Alert.
Federal budget 2023: Highlights
Read our Highlights Tax Alert on the 2023 federal budget.
Federal budget 2023 Tax Alert
Read our detailed Tax Alert on the 2023 federal budget.
Live Fireside Budget Debrief
Watch the 30-minute on-demand replay as our advisors provide you with a short yet robust overview and highlights of the federal budget.
In-depth Budget Analysis
Watch the on-demand replay as we dive deep into the federal budget and provide an in-depth analysis on what this could mean for you and your business.
The upcoming federal budget presents some challenges for the government. It must meet the expectations of Canadians who are worried about rising inflation and concerned about a possible recession. At the same time, it must exercise fiscal restraint on program spending in the face of rising interest rates and debt servicing costs. It must also respond to measures in the US Inflation Reduction Act that are designed to attract investments in clean technologies to the United States by announcing incentives to invest in Canada. Failing to do so will risk Canada losing out on new business opportunities that create economic growth and prosperity. Satisfying these competing demands will be a balancing act that requires the government to make necessary but difficult choices.
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Explore EY's provincial and territorial budget Tax Alerts:
Northwest Territories budget — 8 February 2023
Nunavut budget — 23 February 2023
Alberta budget — 28 February 2023
British Columbia budget — 28 February 2023
Yukon budget — 2 March 2023
Manitoba budget — 7 March 2023
Quebec budget: highlights — 21 March 2023
Quebec budget — 21 March 2023
New Brunswick budget — 21 March 2023
Saskatchewan budget — 22 March 2023
Ontario budget — 23 March 2023
Newfoundland and Labrador budget — 23 March 2023
Nova Scotia budget — 23 March 2023
Prince Edward Island budget — tbd
Past budget coverage:
Tax Alerts - Canada
Tax Alerts cover significant tax news, developments and changes in legislation that affect Canadian businesses.
Tax calculators & rates
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TaxMatters@EY
Your monthly Canadian summary of recent tax news, case developments, publications and more.
