These are the potential tax measures federal budget watchers are speculating about this year
Speculation is rampant in the tax community as to both when the government will deliver its final federal budget before the October election and, more importantly, what tax measures it might contain.
While last year’s federal budget dropped on Feb. 27, this year’s budget will likely be tabled somewhat later, given that Minister of Finance Bill Morneau is only holding his annual pre-budget meeting with private sector economists in Toronto next week, on Feb. 22. This annual meeting of economists is convened each winter “to gather their views on the Canadian and global economies ahead of the federal budget.”
After February, the House of Commons only returns to sit during the third week in March, leading several pundits to speculate on a budget date the week of March 18 although it certainly could be delivered sometime in April, as it was leading up to the 2015 election.