budget – Investment Executive https://uat-phoenix.investmentexecutive.com Canada's news source for financial professionals Wed, 30 Nov 2022 19:15:10 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 https://uat-phoenix.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png budget – Investment Executive https://uat-phoenix.investmentexecutive.com 32 32 Saskatchewan’s bottom line remains stable, government posts a $1.1B surplus https://uat-phoenix.investmentexecutive.com/news/industry-news/saskatchewans-bottom-line-remains-stable-government-posts-a-1-1b-surplus/ Tue, 29 Nov 2022 16:43:10 +0000 https://www.investmentexecutive.com/?p=456558 Potash, oil production boosts revenue

The post Saskatchewan’s bottom line remains stable, government posts a $1.1B surplus appeared first on Investment Executive.

]]> Doubling first-time homebuyers’ tax credit to cost $115M: PBO https://uat-phoenix.investmentexecutive.com/news/industry-news/doubling-first-time-homebuyers-tax-credit-to-cost-115m-pbo/ Mon, 28 Nov 2022 15:11:47 +0000 https://www.investmentexecutive.com/?p=456459 Meanwhile, eliminating student loan interest would cost $2.7 billion over five years, the Parliamentary Budget Officer finds

The post Doubling first-time homebuyers’ tax credit to cost $115M: PBO appeared first on Investment Executive.

]]> Alberta projects $12.3B surplus in latest fiscal update https://uat-phoenix.investmentexecutive.com/news/industry-news/alberta-projects-12-3b-surplus-in-latest-fiscal-update/ Fri, 25 Nov 2022 20:07:54 +0000 https://www.investmentexecutive.com/?p=456441 The government set aside $2.8 billion over three years to cover inflation-fighting programs and payouts

The post Alberta projects $12.3B surplus in latest fiscal update appeared first on Investment Executive.

]]> Federal government posts $1.7-billion surplus for April to September period https://uat-phoenix.investmentexecutive.com/news/industry-news/federal-government-posts-1-7-billion-surplus-for-april-to-september-period/ Fri, 25 Nov 2022 20:00:34 +0000 https://www.investmentexecutive.com/?p=456438 Compared to the same period in the previous fiscal year, government revenues were up 18.6%

The post Federal government posts $1.7-billion surplus for April to September period appeared first on Investment Executive.

]]> Ontario to expand access to small-business tax rate, increase disability and senior payments https://uat-phoenix.investmentexecutive.com/news/industry-news/ontario-to-expand-access-to-small-business-tax-rate-increase-disability-and-senior-payments/ Mon, 14 Nov 2022 20:46:58 +0000 https://www.investmentexecutive.com/?p=455588 The province's fall economic outlook forecasts a deficit of $12.9 billion in this fiscal year

The post Ontario to expand access to small-business tax rate, increase disability and senior payments appeared first on Investment Executive.

]]> New taxation formula for ETFs to take effect this year https://uat-phoenix.investmentexecutive.com/newspaper_/news-newspaper/new-taxation-formula-for-etfs-to-take-effect-this-year/ Fri, 11 Nov 2022 18:00:08 +0000 https://www.investmentexecutive.com/?p=455279 ETF investors' tax bills for the 2022 tax year could be higher than under the previous formula

The post New taxation formula for ETFs to take effect this year appeared first on Investment Executive.

]]> New Brunswick’s budget surplus balloons above spring estimate https://uat-phoenix.investmentexecutive.com/news/industry-news/new-brunswicks-budget-surplus-balloons-above-spring-estimate/ Thu, 10 Nov 2022 20:45:04 +0000 https://www.investmentexecutive.com/?p=455359 The province projects an increase of $739 million over the figure forecasted in March

The post New Brunswick’s budget surplus balloons above spring estimate appeared first on Investment Executive.

]]> Taxing corporate share buybacks unlikely to boost investment in operations: experts https://uat-phoenix.investmentexecutive.com/news/industry-news/taxing-corporate-share-buybacks-unlikely-to-boost-investment-in-operations-experts/ Tue, 08 Nov 2022 19:45:23 +0000 https://www.investmentexecutive.com/?p=455141 Corporations could choose to reward shareholders through dividends instead

The post Taxing corporate share buybacks unlikely to boost investment in operations: experts appeared first on Investment Executive.

]]> FHSA, other tax proposals tabled in House of Commons https://uat-phoenix.investmentexecutive.com/news/industry-news/fhsa-other-tax-proposals-tabled-in-house-of-commons/ Fri, 04 Nov 2022 21:04:51 +0000 https://www.investmentexecutive.com/?p=455035 Bill C-32 delays enhanced reporting requirements for trusts, but would implement a new tax credit, the surtax on banks and insurers, and more

The post FHSA, other tax proposals tabled in House of Commons appeared first on Investment Executive.

]]> Fiscal update confirms feds’ plans to proceed with various tax and estate proposals https://uat-phoenix.investmentexecutive.com/news/industry-news/fiscal-update-confirms-feds-plans-to-proceed-with-various-tax-and-estate-proposals/ Thu, 03 Nov 2022 21:25:17 +0000 https://www.investmentexecutive.com/?p=454923 The update did not provide details on measures set to take effect soon

The post Fiscal update confirms feds’ plans to proceed with various tax and estate proposals appeared first on Investment Executive.

]]>