Home Budget 2022

Keyword: Budget 2022

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Ottawa Ontario Canada Sunset

Debt charge rose 42% from 2021-22 because of rate hikes, revenues up 8.6%

Parliament Hill, Ottawa, Canada

Interest rates pushed debt charges up 40.7%

Ottawa Canal at night

Rate hikes push federal debt charges to $25.8 billion for first nine months

The 12-month holding period would reset after the taxpayer took ownership of property

Downtown office buildings Toronto

The Parliamentary Budget Officer updated its revenue projections for the Canada Recovery Dividend and the surtax on banks and insurers

  • By: Melissa Shin
  • September 22, 2022 September 22, 2022
  • 11:39
Beautiful caucasian elderly couple in the park in autumn

Keep an eye on interest rates, inflation, legislation and more

  • By: IE Staff
  • August 29, 2022 August 29, 2022
  • 12:16
Financial accounting business sheet calculator

Draft legislation includes expanded SBD access, definition of substantive Canadian-controlled private corporation


Proposed rules outline age limit and allow unused contribution room to be carried forward

Parliament Hill in Ottawa - Ontario, Canada

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

the canadian parliament and library during the fall

However, the bank and insurer surtax remains at 1.5% for profits over $100M