2021 Federal Budget – Selected Tax Measures

More than two years after the last federal budget, Canada’s Finance Minister presented the 2021 budget (Budget 2021) on April 19, 2021 (Budget Day). Some commentators speculated that Budget 2021 might include increases in the capital gains inclusion rate, restrictions on the principal residence exemption or a new wealth tax. While there were some important business tax changes, none of those measures was included in Budget 2021....
By: Blake, Cassels & Graydon LLP

Blake, Cassels & Graydon LLP