ARTICLE · 27 FEBRUARY 2018

Finance Forecast: 6 Areas To Watch In Budget 2018

Collins Barrow National Incorporated

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Last year's budget was delivered with a projected deficit of $28.5 billion and focused on several key areas, including skills development, innovation and middle-class jobs, among others.

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John Oakey

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Minister of Finance Bill Morneau has announced the 2018 federal budget will be tabled Feb. 27, 2018. Last year's budget was delivered with a projected deficit of $28.5 billion and focused on several key areas, including skills development, innovation and middle-class jobs, among others. While the government is usually tight-lipped on the precise content of the budget, this year's pre-budget report prepared by the House of Commons Standing Committee on Finance provides some indication on the government's considerations.

Here are 6 areas to watch:

Active proposals on passive investment?

The Department of Finance announced Dec. 13, 2017 the government will move forward with measures to limit the deferral of tax benefits for passive investments within private corporations. Details of this plan are expected to be included in Budget 2018; however, new measures will apply on a go-forward basis and ensure future income from current passive investments will be

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