Budget 2022 – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Fri, 26 May 2023 19:22:08 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Budget 2022 – Investment Executive https://www.investmentexecutive.com 32 32 Federal government posts $41.3 billion deficit for 2022 23 fiscal year https://www.investmentexecutive.com/news/industry-news/federal-government-posts-41-3-billion-deficit-for-2022-23-fiscal-year/ Fri, 26 May 2023 19:22:08 +0000 https://www.investmentexecutive.com/?p=466196 Debt charge rose 42% from 2021-22 because of rate hikes, revenues up 8.6%

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Federal government posts $3.1 surplus for first 11 months of 2022-23 fiscal year https://www.investmentexecutive.com/news/industry-news/federal-government-posts-3-1-surplus-for-first-11-months-of-2022-23-fiscal-year/ Fri, 28 Apr 2023 18:48:09 +0000 https://www.investmentexecutive.com/?p=464612 Interest rates pushed debt charges up 40.7%

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Ottawa posts $5.5 billion deficit for April to December https://www.investmentexecutive.com/news/industry-news/ottawa-posts-5-5-billion-deficit-for-april-to-december/ Fri, 24 Feb 2023 16:55:00 +0000 https://www.investmentexecutive.com/?p=461058 Rate hikes push federal debt charges to $25.8 billion for first nine months

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Feds extend anti-flipping tax to assignment sales https://www.investmentexecutive.com/news/industry-news/feds-extend-anti-flipping-tax-to-assignment-sales/ Thu, 03 Nov 2022 21:41:41 +0000 https://www.investmentexecutive.com/?p=454915 The 12-month holding period would reset after the taxpayer took ownership of property

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Revised bank recovery dividend to net $1B less https://www.investmentexecutive.com/news/industry-news/revised-bank-recovery-dividend-to-net-1b-less/ Thu, 22 Sep 2022 15:39:08 +0000 https://www.investmentexecutive.com/?p=451939 The Parliamentary Budget Officer updated its revenue projections for the Canada Recovery Dividend and the surtax on banks and insurers

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Issues for advisors to watch this fall https://www.investmentexecutive.com/news/industry-news/issues-for-advisors-to-watch-this-fall/ Mon, 29 Aug 2022 16:16:56 +0000 https://www.investmentexecutive.com/?p=450390 Keep an eye on interest rates, inflation, legislation and more

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Feds move ahead with CCPC measures https://www.investmentexecutive.com/news/industry-news/feds-move-ahead-with-ccpc-measures/ Thu, 11 Aug 2022 13:02:17 +0000 https://www.investmentexecutive.com/?p=449434 Draft legislation includes expanded SBD access, definition of substantive Canadian-controlled private corporation

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Finance releases details on new First Home Savings Account https://www.investmentexecutive.com/news/industry-news/finance-releases-details-on-new-first-home-savings-account/ Tue, 09 Aug 2022 20:16:14 +0000 https://www.investmentexecutive.com/?p=449302 Proposed rules outline age limit and allow unused contribution room to be carried forward

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Draft legislation addresses trust reporting, anti-flipping rules https://www.investmentexecutive.com/news/industry-news/draft-legislation-addresses-trust-reporting-anti-flipping-rules/ Tue, 09 Aug 2022 19:31:52 +0000 https://www.investmentexecutive.com/?p=449306 The legislation also covered changes to RRSP and RRIF reporting, charity disbursements and more

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Feds soften banks’ recovery dividend in draft legislation https://www.investmentexecutive.com/news/industry-news/feds-soften-banks-recovery-dividend-in-draft-legislation/ Tue, 09 Aug 2022 18:27:51 +0000 https://www.investmentexecutive.com/?p=449328 However, the bank and insurer surtax remains at 1.5% for profits over $100M

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