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Sunil's Blog*

Federal Budget 2023 - no big changes but maximum minimums!

Updated: May 4

Finance Minister Chrystia Freeland tabled the 2023 Federal Budget on March 28, 2023. There were no tax rate increases and the capital gains inclusion rate hasn’t changed. However, a revamped alternative minimum tax and a global minimum tax for multinational enterprises are at the center of what will fund investments in clean technology, health care, and affordability items (like grocery rebates).

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