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Amendments to the Select Luxury Items Tax Act were enacted on March 26, 2026 that remove the luxury tax on aircraft and vessels, effective November 5, 2025.
Our tax advisors highlight key insights from Federal Budget 2023. Read our full summary.
Le 16 mars 2021, le ministre des Finances Ernie L. Steeves a déposé le budget du Nouveau-Brunswick pour l’exercice 2021-2022.
The 2020 Fall Economic Statement provides a summary of government measures introduced in response to COVID-19 to help Canadian businesses and individuals.
Finance Minister Rod Phillips has tabled Ontario’s 2020-21 budget which introduces $15 billion of new spending over three years in response to COVID-19.
On June 15, 2020, Finance Minister Donna Harpauer tabled Saskatchewan’s 2020-21 budget. For 2020-21, the government has projected revenues of $13.6 billion (a decrease of 8.3% from last year) and expenses of $16.1 billion (an increase of 7.2% from the prior year’s budget) resulting in a deficit of approximately $2.4 billion. Due to the uncertainty caused by the COVID-19 pandemic, the government has not provided projections for future years.
On March 19, 2020, Finance Minister Scott Fielding tabled Manitoba’s 2020-21 budget (Budget 2020). The provincial government forecasts strong revenue growth in 2020-21 with a projected increase of $712 million, or 4.2% from last year.
Finance Minister Donna Harpauer was scheduled to table Saskatchewan’s 2020-21 budget on March 18, 2020, however, due to the ongoing COVID-19 pandemic, the government has postponed the release of the province’s full budget.