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Budget 2024: Legislative Changes of Note for Investment Funds

Apr 19, 2024

In Budget 2024, the Government acknowledges that the restrictions placed on the property that may be held by registered plans have become unduly complex.

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Budget 2024: Clean Energy Incentives and Resource Sector Measures

Apr 19, 2024

Budget 2024 prioritizes Canada’s transition to a net-zero economy and contains several measures aimed at facilitating that ongoing transition.

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Budget 2024: Synthetic Equity Arrangement Restrictions Tightened

Apr 19, 2024

Budget 2024 proposes to tighten the “synthetic equity arrangement” anti-avoidance rule by eliminating the no “tax-indifferent investor” exception.

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Budget 2024: Increases in the Taxation of Capital Gains

Apr 19, 2024

Budget 2024 proposes to significantly change how capital gains are taxed under the Income Tax Act (Canada).

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Budget 2024: Expanded Relief for Non-Resident Service Providers

Apr 19, 2024

Budget 2024 will expand the circumstances under which relief may be granted from withholdings on payments made to non-residents that render services in Canada.

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Budget 2024: Government Audit Powers to be Significantly Enhanced

Apr 19, 2024

The Government has proposed to significantly expand the audit powers of the CRA and heighten the consequences of not complying with requests made by the CRA.

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Budget 2024: New Measures Addressing Bonus Tax Depreciation and Crypto-Assets

Apr 19, 2024

Budget 2024 announced new measures to accelerate tax depreciation as well as certain measures applicable to crypto-asset investments.

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First pilot project in Quebec aimed at granting an advantage to enterprises hiring indigenous peoples for the performance of a public contract

Apr 18, 2024

First pilot project in Quebec aimed at granting an advantage to enterprises hiring Indigenous peoples to perform a public contract.

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Introducing Bill 185, the Cutting Red Tape to Build More Homes Act, and an Update on the New Provincial Planning Statement

Apr 17, 2024

On April 10, 2024, Ontario’s provincial government introduced new legislation in its quest to “cut red tape”, speed up government processes, and meet its goal.