Fuller Landau team • November 05, 2025On November 4, 2025, the Minister of Finance and National Revenue, François-Philippe Champagne, presented the 2025 federal budget, titled “Canada Strong”. Budget 2025 projects a current deficit of $78 billion, with a subsequent reduction to $57 billion by 2029–2030. The budget is proposing $141 billion in various spending over the next five ... Read more
Gordon Jessup • May 28, 2025On May 27, 2025, King Charles III delivered the Speech from the Throne. This was the first time since Queen Elizabeth II in 1977 that a reigning monarch has opened Canada’s Parliament. The Throne Speech was prepared by newly elected Prime Minister Mark Carney and outlines his government’s legislative priorities for the Canadian Parliament. Econ ... Read more
Gordon Jessup • January 31, 2025On January 31, 2025, the Canadian federal government announced a deferral of the proposed increase in the capital gains inclusion rate. Originally set to take effect on June 25, 2024, the implementation date has now been postponed to January 1, 2026. This change affects individuals realizing annual capital gains exceeding $250,000, as well as corpo ... Read more
Fuller Landau team • October 21, 2024The Goods and Services Tax (GST) and Harmonized Sales Tax (HST) are sales taxes administered by the federal government and applicable to most goods and services sold in Canada. All businesses, including e-commerce businesses, with operations or sales in Canada, must consider the impact of these taxes. Failure to register and remit the correct amo ... Read more
Amaan Datoo • May 23, 2024The 2024 federal budget delivered on April 16, 2024, proposed significant changes as to how capital gains will be taxed for capital gains realized on or after June 25, 2024. Budget 2024 proposes to increase the portion of the capital gain that is taxable from half, or 50 per cent, to two-thirds for Canadian corporations ... Read more
On November 4, 2025, the Minister of Finance and National Revenue, François-Philippe Champagne, presented the 2025 federal budget, titled “Canada Strong”. Budget 2025 projects a current deficit of $78 billion, with a subsequent reduction to $57 billion by 2029–2030. The budget is proposing $141 billion in various spending over the next five ... Read more