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Nunavut Provincial Budget Tax Updates 2024-2025

Overview On February 26, 2024, Nunavut’s government has presented its 2024-2025 budget. This comprehensive summary highlights the key changes that will influence Nunavut’s tax environment in the coming years. The budget contains no new tax or any changes to tax legislation. Personal Income Tax Measures: There are no proposed changes to personal income tax rates […]

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B.C. Provincial Budget Tax Updates 2024

March 13, 2024

The B.C. government has announced changes to provincial tax laws in its Budget 2024 Taking Action For You, released on February 23, 2024. This summary highlights key changes shaping the provincial tax landscape for the foreseeable future. Corporate and personal tax rates remain unchanged for 2024. Tax targeting home flipping activity: The budget provides details […]

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Alberta Provincial Budget Tax Updates 2024

March 8, 2024

Prepared by Danny Guérin et Myriam Vallée, Andersen in Montreal (Canada) Overview Alberta’s government has announced changes to its provincial tax laws in its budget 2024 A Responsible Plan for a Growing Province. This comprehensive summary highlights the key changes that will influence the Albertans’ tax environment in the coming years. Personal Income Tax Measures: […]

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Navigating Tax Strategies in a High-Interest Rate Environment: Considerations for Non-Resident Investors in Canada

February 15, 2024

Prepared by Danny Guérin, Myriam Vallée and Justine Lambert, Andersen in Montreal (Canada) INTRODUCTION The significant surge in inflation throughout 2022 has been a predominant concern for the economic community and the government alike as the inflation averaged 6.8%, reaching a peak of 8.1% in June of 2022[1] However, the implemented tightening of monetary policy […]

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