To assist with your tax planning needs, our professionals offer commentary on issues related to Canadian budgets.
2008 Federal Budget — Treading Softly in Old Shoes
Minister of Finance Jim Flaherty presented the minority government’s third budget on February 26, 2008. Breaking with tradition, he had new soles put on his old shoes, rather than presenting the budget in new shoes, intending to demonstrate prudence in the face of economic uncertainty. Read PwC's full budget commentary.
2008 Federal Budget — Highlights
Federal Minister of Finance Jim Flaherty presented the minority government’s third budget on February 26, 2008. The budget does not change personal or corporate tax rates.
2008 Alberta Budget — Tax Highlights
Alberta's Finance and Enterprise Minister, Iris Evans, unveiled the province's 2008 budget on April 22nd, 2008.The budget introduces a new refundable tax credit on scientific research and experimental developmental expenditures, and will eliminate Alberta's health care premiums on January 1st, 2009.
2008 Manitoba Budget — Tax Highlights
On April 9, 2008, Manitoba's Minister of Finance, Greg Selinger, presented the province's 2008 budget. The budget does not change corporate or personal income tax rates, but will eliminate capital tax for qualifying manufacturing and processing (M&P) corporations on July st, 2008.
2008 Ontario Budget — Little Tax Relief
On March 25, 2008, Ontario Minister of Finance Dwight Duncan tabled the province’s 2008 budget. The budget does not change personal or corporate income tax rates, but does accelerate the elimination of capital tax for Ontario companies engaged primarily in manufacturing and resource activities.
2008 Québec Budget — Full Commentary
On March 13, 2008, Québec's Minister of Finance Monique Jérôme-Forget tabled the province’s 2008-2009 expenditure budget before the National Assembly. Read PwC's full budget commenary.
Québec Budget 2008-2009 — Tax Highlights
Québec Minister of Finance Monique Jérôme-Forget tabled the province’s 2008-2009 expenditure budget before the National Assembly on March 13, 2008.
2008 British Columbia Budget — Highlights
On Tuesday, February 19, 2008, British Columbia's Minister of Finance, Carole Taylor, introduced the province's 2008 budget. The budget included a range of measures to address climate change, promote greener choices and encourage a strong economy.
