On June 6, 2011, the Canadian federal government tabled a budget
containing the same income tax measures as in its budget delivered
on March 22, 2011. There have been no substantive changes, and
announced measures generally retain the effective dates announced
in the original March 22, 2011, budget. Click
here for Norton Rose's original summary of these income tax
measures.
The June 2011 Budget also contains several notable non-income
tax measures:
- the House Standing Committee on Finance will be asked to
undertake a study of charitable donation incentives in the first
session of this Parliament;
- a provision has been made in the 2011– 2012 fiscal
year for $2.2 billion to be paid to the province of Quebec,
provided there is a satisfactory agreement between the federal and
Quebec governments on sales tax harmonization which, the Government
announced in the Throne Speech delivered on June 3, 2011, should be
reached by September 15, 2011;
