Canada Federal Budget Summary 2023
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Budget 2023 proposes to provide flexibility in the context of intergenerational transfers. Specifically, it proposes that taxpayers who wish to undertake a genuine intergenerational share transfer may choose to rely on one of two transfer options: An immediate intergenerational business transfer based on arm’s length sale terms, requiring that the parent immediately give up both de […]
Trudeu Pickpockets Canadians with New Taxes
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“Canadians are struggling with generational highs in inflation. Trudeau thinks this is the right time to take more from you in taxes to pay for his out-of-control spending.” Read the discussion on Instagram
Budget 2023 offers billions for dental care, plus spending cuts and tax hikes to tame deficit
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Finance Minister Chrystia Freeland tabled a federal budget Tuesday projecting a deficit about $10 billion higher than initially forecast — an increase driven by a worsening economy and new spending on initiatives like a national dental care program. Freeland’s fiscal plan projects the deficit will be $40.1 billion in 2023-24 — up from the $30.6 […]