Finance Minister Bill Morneau will deliver the Liberal government’s 2018 federal budget on Tuesday, February 27, 2018.
Although the government usually remains tight-lipped about the contents of the budget until it's released, there are indications about some of the measures that could be included. This year, the budget may be developed with consideration towards maintaining Canada's competitive position in light of recent U.S. tax reform changes, and could also include measures contemplated in a pre-budget report prepared by the House of Commons Standing Committee on Finance and presented to Parliament on December 8, 2017. This pre-budget report, along with other recent comments by Finance, may give some preliminary clues about what the federal budget has in store this year.
Download this edition of the TaxNewsFlash to learn more.