FEDERAL BUDGET COMMENTARY 2021

On April 19, 2021, the Deputy Prime Minister and Finance Minister, the Honourable Chrystia Freeland, presented Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience, to the House of Commons.

No changes were made to personal or corporate tax rates (other than a temporary measure for zero-emission technology manufacturers), nor to the inclusion rate on taxable capital gains. Some highlights include:

  • Personal Measures

  • Business Measures

  • International Measures

  • Sales and Excise Tax

  • Electronic Filing, Payments and Certification

  • Previously Announced

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