Budget 2024

Everything you need to know about this year’s federal budget

September 9, 2024

Budget 2024 expands CPP benefits

The death benefit has been doubled for some contributors

  • April 16, 2024 April 16, 2024
  • 16:44

Feds clarify requirements for EOT tax exemption on capital gains

Budget 2024 provided details on how exiting business owners can qualify

  • April 16, 2024 April 16, 2024
  • 16:21

Feds provide fix to new AMT regime to ease charities’ concerns

Individuals can claim 80% of donation tax credit, up from previously proposed 50%

  • April 16, 2024 April 16, 2024
  • 16:18

Feds raise capital gains inclusion rate to 66.6% for high earners, starting June 25

Higher new rate applies on gains above $250,000 for individuals, and all gains realized in corps and trusts

  • April 16, 2024 April 16, 2024
  • 16:17

Budget 2024 pledges $53B in new spending

Government keeps $40-billion deficit from rising in annual budget

  • April 16, 2024 April 16, 2024
  • 16:14