Canadian Budget Commentary
RESOURCE CENTER |
The Federal Budget was tabled on March 19, 2019
Incentives targeting innovation are welcomed, but tax measures to address global competitiveness fall short of middle market companies’ expectations
“Canadian middle market companies were hoping that Budget 2019 would have meaningful measures to support growth and global competitiveness,” said Maria Severino, national tax leader, RSM Canada. “Although Finance included some positive, targeted tax measures to support Canadian businesses, it deferred introducing any broad-based changes that could enhance competitiveness and reduce uncertainty.”
Insights and tax alerts
Join our tax professionals on March 27, 2019 for a comprehensive webcast on the specific Federal Budget outcomes.
The 2019 Federal Budget proposes measures to foster innovation, but uncertainty for middle market remains amid global economic pressures.
Private company owners can be impacted by the Budget proposals depending on the size of their investment portfolio and investment profile.
Welcomed incentives targeting innovation, but measures to address global competitiveness fall short of middle market companies’ expectations
Stay up-to-date on issues & the impact arising from the current Canadian Federal Budget. RSM’s coverage includes articles, videos and more.
The Budget 2019 provides several measures that focus on innovation and equipping Canadians, but no measures to support competitiveness.
RSM Canada has announced three areas Canadian middle market companies are hoping are addressed in the upcoming Federal Budget.
Select 2018 coverage
The Canadian federal government announced measures in its Fall Economic Statement aimed directly at addressing Canada’s competitiveness.
All provinces and territories have tabled their 2018 budgets. Read RSM Canada's summary of significant tax changes for each.
RSM Canada analysis: 2018 Federal Budget tightens existing tax measures & focuses on growth, innovation and equality of opportunity