Budget 2022

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

April 20, 2022

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

Feds propose anti-flipping tax to cool housing prices

Profits on sale of residential property held for less than 12 months would be taxed as business income

  • April 7, 2022 April 8, 2022
  • 19:56