On April 19, 2021, the Liberal government Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, released the Federal Budget 2021. SR&ED in the Federal Budget – Prior Budgets This is the first federal budget since 2019. The 2020 budget was not released due to the COVID-19 pandemic. Read more…
On March 19, 2019, the Liberal government Finance Minister, Bill Morneau, released the Federal Budget 2019. It proposed repealing the use of taxable income as a factor in determining a CCPC’s annual expenditure limit for the purpose of the enhanced SR&ED tax credit. As a result, small CCPCs with taxable Read more…
On February 27, 2018, the Liberal government Finance Minister, Bill Morneau, released the Federal Budget 2018. On February 27, 2018, the Liberal federal government Finance Minister, Bill Morneau, released the 2018 Budget.1 Prior to its publication, speculation across the media suggested that the budget would focus on gender equality, indigenous infrastructure, science Read more…
On March 22, 2017, federal Finance Minister Bill Morneau introduced the Liberal Party’s much-anticipated 2017 federal budget, titled “Building a Strong Middle Class”. This is the Liberal Party’s second budget since their election to office in October 2015. In it, the government announced that their focus was partially on the “new, Read more…
On March 22, 2016, federal Finance Minister Bill Morneau introduced the Liberal Party’s much-anticipated 2016 federal budget, titled “Growing the Middle Class”. This is the Liberal Party’s first budget since their election to office in October 2015. Given the Liberal Party’s campaign promise to “kick-start investment in innovation”1, we’re offering up our first Read more…