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ARTICLE · 11 APRIL 2022

2022 Federal Budget Review

Miller Thomson
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The 2022 Federal Budget was tabled in the House of Commons on April 7, 2022 by the Honourable Chrystia Freeland, Canada's Deputy Prime Minister and Minister of Finance

CanadaTax
Miller Thomson LLP
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Introduction

The 2022 Federal Budget was tabled in the House of Commons on April 7, 2022 by the Honourable Chrystia Freeland, Canada's Deputy Prime Minister and Minister of Finance. With a Foreword that began with a thank you to Canadians for all that they have done to deal with the COVID-19 pandemic over the last 25 months; that highlighted the economic and other implications of the war in Ukraine; and that addressed challenges of affordability-particularly in the housing sector-faced by many Canadians today, the Deputy Prime Minister introduced a series of new legislative and tax measures.

Miller Thomson's Tax Group has reviewed the tax measures proposed in Budget 2022. In this review, we outline and discuss certain key measures of relevance to our practices and our client base across Canada. We will continue to track certain measures as they evolve and-as always-welcome your questions, comments and views.

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