Budget 2022

Everything you need to know about this year’s federal budget

August 9, 2022

Draft legislation addresses trust reporting, anti-flipping rules

The legislation also covered changes to RRSP and RRIF reporting, charity disbursements and more

  • August 9, 2022 August 9, 2022
  • 15:31

REIT reform not off the table in federal housing review

The federal budget said the government will proceed with a review of “housing as an asset class"

  • April 20, 2022 April 20, 2022
  • 10:45

Life insurers ‘surprised and disappointed’ with Budget 2022 provision

A Budget 2022 proposal means life insurers could have to pay tax up front on profit earned on 20-year policies, says CLHIA

  • April 11, 2022 April 11, 2022
  • 16:41

What advisors are saying about the proposed FHSA

Advisors are still relatively positive about the tax-free first home savings account, despite not being able to use it alongside the Home Buyers’ Plan

  • April 11, 2022 April 11, 2022
  • 15:50

Budget promises more financial cops

New federal enforcement agency, more funds for FINTRAC

  • April 8, 2022 April 8, 2022
  • 13:13

Feds raise charities’ disbursement quota to 5%

Proposed change in Budget 2022 would "increase expenditures by charities overall," government said

  • April 8, 2022 April 8, 2022
  • 12:57

Budget gives businesses greater access to small business rate

But with no adjustment to the passive income rules, some companies will remain shut out

  • April 7, 2022 April 8, 2022
  • 20:53

Ottawa to review crypto, CBDC

Budget promises examination of digitalization, single complaint-handling body

  • April 7, 2022 April 7, 2022
  • 20:31

Budget pulls tax levers to drive low-carbon shift

Government cuts fossil-fuel credits, offers new credits for critical mineral, carbon capture development

  • April 7, 2022 April 7, 2022
  • 20:25

Feds set bank, insurer surtax at 1.5% for profits over $100M

Financial institutions will also have to pay a one-time Canada Recovery Dividend on 2021 taxable income over $1B

  • April 7, 2022 April 7, 2022
  • 20:23