On March 28, 2023, the Canadian federal government announced its budget for the 2023 fiscal year. Titled “Building a Stronger Canada Together“, the budget aims to continue Canada’s economic recovery from the COVID-19 pandemic and to invest in important social and environmental programs.
To read a detailed commentary on the proposed budget: please click here.
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Canadian and foreign tax laws are complex and have a tendency to change on a frequent basis. As such, the content published above is believed to be accurate as of the date of this post. Before implementing any tax planning, please seek professional advice from a qualified tax professional. Empire, Chartered Professional Accountants will not accept any liability for any tax ramifications that may result from acting based on the information contained above.
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