Tax measures previously proposed in the federal budgets of 2022, 2023, and 2024, as well as the 2023 federal economic update
Canada has enacted tax measures that were previously proposed in the federal budgets of 2022, 2023, and 2024, as well as the 2023 federal economic update. These measures have been incorporated into Bill C-59 and Bill C-69, both of which received Royal Assent on June 20, 2024.
Business tax measures
Individual (personal) tax measures
Indirect tax measures
Notably, the proposed increase in the capital gains inclusion rate announced in the 2024 budget was not included in these bills.
Read a June 2024 report prepared by the KPMG member firm in Canada