That compares to a surplus of $6.3 billion during the same period last year
Canadians making above $300,000 to contribute 98% of total AMT
Revenues for the period totalled $110.58 billion, up from $107.88 billion a year earlier
Lobby group pointed to U.S. downgrade as a warning
Proposals from the 2023 budget are out for consultation until Sept. 8
Revenues rose by $1.3 billion on higher interest and employment insurance premiums, and greater proceeds from personal income tax
Here’s the status of tax proposals that matter to your clients
Changes to RESPs and RDSPs, caps on payday loans and leeway to increase the CDIC limit are all law now
Changes to RESPs and RDSPs are included in the legislation, as well as leeway to increase the CDIC limit
Federal budget did little to invigorate sluggish investment spending