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credit card concern

The government plans to lift federal taxes on psychotherapy and counselling

House of Commons in Ottawa

A slowing economy and high inflation mean the government has little room to operate

The first $10 million in capital gains realized on the sale of a business would be exempted under proposed change

The government is increasing certain tax credits and social benefits

The province will borrow up to $700 million more this fiscal year than it had anticipated in March

House of Commons in Ottawa

Here’s the status of tax proposals that matter to your clients

Queen's park, Ontario

Budget items include an expanded Guaranteed Annual Income System and a promise to review tax system

The province is also increasing the maximum age for applying for a retirement pension to 72 from 70

Finance and Treasury Board Minister Ernie Steeves tabled today the 2023-24 budget

The finance minister noted the province has moved from a struggling economy to one dealing with challenges that come with growth

Finance Minister Chrystia Freeland this week stressed fiscal restraint so as not to work against efforts to tame inflation