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ARTICLE · 22 MARCH 2013

Federal Budget 2013: Improving The Integrity Of The Tax System

Borden Ladner Gervais LLP
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Budget 2013 proposes a number of significant business income tax, international tax, personal income tax and GST/HST measures which are discussed below.

CanadaTax
Stephen Fyfe
Stephen Fyfe
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Tax

The Honourable James Flaherty, Minister of Finance, tabled the government's 2013 Federal Budget (Budget 2013) on March 21, 2013 (Budget Day). According to Budget 2013, the government remains on track to return to balanced budgets by 2015-2016, despite continued global economic uncertainty. While still continuing to focus on controlling direct program spending by government departments, the government's priorities in Budget 2013 are to connect Canadians with available jobs by equipping them with the skills and training to obtain high-quality well-paying jobs, to help manufacturers and businesses succeed in the global economy by enhancing the conditions for creating and growing businesses, to create a new infrastructure plan focused on projects that create jobs and economic growth, and to invest in world-class research and innovation.

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