In what's becoming our firm's annual tradition, the
purpose of this blog is to gaze into the crystal ball to predict
what the tax goodies might look like when the 2016 federal budget
is released. The timing of such a release is anyone's guess,
but some prognosticators are suggesting the third week of March
2016. We certainly can't add any credibility to that guess
since the timing of the budget release is usually a carefully
guarded secret – and rightly so.
With the above in mind, here are our predictions and a bit of a
wish list.
Predictions:
- Stock options
The federal liberal election platform included a policy to
eliminate certain tax benefits associated with the granting and
exercise of employment stock options. The proposed changes
suggested by the Liberal Party appeared to target the ability to
claim the 50 per cent stock option deduction associated with such
benefits. Shortly after the election, the new finance minister
announced at a press
