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Keyword: Budget 2024

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Binder with papers

The death benefit has been doubled for some contributors

House of commons

Budget 2024 provided details on how exiting business owners can qualify

House of Commons in Ottawa

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

Canada Parliament and Canadian Flag over blue sky.

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

Canadian Parliament in Ottawa

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

home financing

Homeowners could soon access up to $40,000 in low-interest loans

  • By: IE Staff
  • April 15, 2024 April 15, 2024
  • 15:22

Province also extends gas tax cut by three months, doubles the fertility tax credit and changes property taxes

Ontario

The government also proposed amendments to support a permanent target-benefit pension framework

The legislature in Ontario

Province will encourage municipalities to set higher VHT rate for foreign-owned homes