Prime Minister Mark Carney announces support for Canada’s lumber industry citing heavy reliance on US exports and vulnerability to trade policies.
With Canada facing record levels of illicit funds, business leaders should prudently decline to provide services when a client can't credibly explain source of funds, strengthening AML efforts.
In an unprecedented time, the federal government has delivered an unprecedented budget. At almost 800 pages, the federal government’s 2021 budget (“Budget 2021”) is massive in size and spending.
As the 2021 Canadian Federal budget approaches—the first since the pandemic began—Grant Thornton’s Tara Benham (National Tax Leader) and Mike Stubbing (Business Unit Tax Service Line Leader) discuss what businesses and individuals may see.
The federal government is expected to release its budget (Budget 2021) this spring. This will be the first budget tabled since March 19, 2019, before the Liberal government was re-elected, and comes at a time of economic uncertainty caused by the pandemic.
Find up-to-date detailed analyses of the 2021 Canadian federal and provincial budgets.
Tara Benham (National Tax Leader) and Matt MacAdam (Partner, Tax) discuss the proposed extension of both the CEWS and CERS and introduction of the Canada Recovery Hiring Program (CRHP).
