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ARTICLE · 07 NOVEMBER 2022

Federal Government Releases Fall Economic Statement 2022

McCarthy Tétrault
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On November 3, 2022, Deputy Prime Minister and Finance Minister Chrystia Freeland presented the Fall Economic Statement 2022 (the "Fall Economic Statement") in the House of Commons. In tandem with the Fall Economic Statement, the federal government (the "Government") also released a series of draft legislative proposals for public consultation on a variety of previously announced tax measures ("Draft Legislation"). The Fall Economic Statement can be found here and the news release containing links to the Draft Legislation can be found here.

Certain key tax developments from the Fall Economic Statement and the Draft Legislation most relevant to businesses are briefly described below:

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