Budget 2022

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

August 9, 2022

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

Large RRSP balances, Bill C-208 addressed in 2022 budget

The government plans to consult on how to allow "genuine" intergenerational share transfers

  • April 7, 2022 April 7, 2022
  • 19:42

Liberals to bring in new minimum tax on top earners

The measure would target those among the top 0.5% not paying their “fair share” of taxes

  • April 7, 2022 April 7, 2022
  • 19:37

New tax-free account for first-time homebuyers

The accounts will have a $40,000 lifetime limit on contributions and an annual contribution limit of $8,000

  • April 7, 2022 April 8, 2022
  • 17:55

Feds eye growth with $31B in new spending

To pay for some of the spending, the government is rolling out a tax on excess profits at banks and lifecos

  • April 7, 2022 April 8, 2022
  • 16:25