2017 Federal Budget

On March 22 2017, the Minister of Finance, Bill Morneau, delivered the federal budget for 2017. It’s important to us to let you know about significant tax changes and developments that could affect your or your family’s financial health. Below is an overview of the budget’s key themes.

“Buy the rumor and sell the news?”

Perhaps, the most noteworthy impact of the budget was the eagerly anticipated proposed changes that were left untouched as Canadians feel they escaped a budget that could have been much worse. As is often the case the rumors were more sensational than the end result.

Should you have any questions on the budget or how it may affect your financial plan, please feel free to contact me. I also encourage you to discuss any items that may be directly related to your personal situation with your tax accountant during your upcoming tax filing.

Sincerely,

Josh