Recap of 2021 Federal Budget
On April 27th we hosted a virtual recap of the recently released 2021 Federal Budget and the impact it may have on your investments, tax planning and business.
Highlights and where to find each are included below:
- Proposal of a new Luxury Tax on certain high end vehicles and boats and aircrafts – 10:25
- Canada Wide Early Learning and Child Care benefits – Aimed at reducing childcare costs – 13:08
- Proposed changes to Old Age Security Payments for those over age 75 – 16:42
- Proposal of a Non- Resident Property Tax – 18:06
- Proposal of loosening of Disability Tax Credit eligibility – 19:00
- Extension of Covid – 19 Relief Measures – 21:30
- No changes to Corporate Tax Rates – 27:10
- Budget 2021 proposes to proceed with previously announced measures in regards to Employee Stock options and IPPs – 44:45