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Canada Tax Incentives

Cozen O'Connor

What Canadian High Net Worth Families Should Know About the U.S. One Big Beautiful Bill

Cozen O'Connor on

The United States recently passed tax legislation called the One Big Beautiful Bill Act (OBBBA), a follow-up to the 2017 Trump tax cuts. While the bill is American, many Canadian families with cross-border ties, including...more

Bennett Jones LLP

Quebec Budget 2025-26: Important Changes to Quebec Flow-Through Share Regime and Refundable Tax Credit Regime for Mining and Other...

Bennett Jones LLP on

The 2025-26 Quebec budget, released on March 25, 2025, includes important (and adverse) changes to the deductions and exemptions available under the Quebec flow-through share regime, removing many of the additional provincial...more

Mintz - ML Strategies

2024 Post-Election Analysis: Trade and Tariffs

Mintz - ML Strategies on

Trade Agenda for Donald Trump’s Second Term and the Role of the 119th Congress - Donald Trump's first term as president was defined by a protectionist trade policy focused on renegotiating trade agreements and imposing...more

Bennett Jones LLP

Employee Ownership Trusts—Improved Tax Incentives Announced

Bennett Jones LLP on

The Canadian Department of Finance introduced draft legislation in the 2023 Canadian Federal Budget (Budget 2023) to create employee ownership trusts (EOTs) to facilitate the transfer of a business to the employees of the...more

Smart & Biggar

Quebec’s “IP Box”: A tax incentive for the commercialization of IP

Smart & Biggar on

Innovation from research & development (R&D) can be protected by intellectual property (IP) rights of various kinds, including patents, copyright and plant breeder’s rights. To encourage companies to invest locally in R&D...more

Mintz - Tax Viewpoints

Employee Ownership Trusts Update – The Tax Incentives that Everyone was Hoping For

Mintz - Tax Viewpoints on

The Canadian Government released its Fall Economic Statement (“FES 2023”) on November 21, 2023 outlining the government’s fiscal update. FES 2023 focuses on housing, affordability, and fighting climate change. However, buried...more

Davies Ward Phillips & Vineberg LLP

Government of Canada Releases Package of Proposed Domestic and International Tax Legislation

The Department of Finance (Finance) released draft tax legislation for public consultation on August 4, 2023, with a stated focus on promoting tax fairness and a clean economy. The most significant item released is the...more

Bennett Jones LLP

Employee Ownership Trusts—A Useful Tool for Employee Business Ownership?

Bennett Jones LLP on

There is a growing international movement to increase employee ownership of businesses. Some jurisdictions such as the United Kingdom and the United States have developed tax rules and incentives to facilitate business...more

Bennett Jones LLP

Spring Has Sprung in Alberta With New Agri-Processing Tax Credit

Bennett Jones LLP on

Alberta is launching a new agri-processing tax credit in Spring 2023 to attract new large-scale investment to the sector and expand opportunities for primary producers....more

Davies Ward Phillips & Vineberg LLP

Federal Budget 2022: Tax Highlights

On April 7, 2022 (Budget Day), the Honourable Chrystia Freeland, Deputy Prime Minister of Canada and Minister of Finance, delivered the Liberal Party’s federal budget (Budget 2022), the second budget since the start of the...more

Blake, Cassels & Graydon LLP

2019 Federal Budget – Selected Tax Measures

On March 19, 2019, the Minister of Finance introduced Canada’s 2019 federal budget (2019 Budget). The government had already signalled that the primary focus of the 2019 Budget would not be business concerns as those had been...more

Bennett Jones LLP

The 2018 Federal Fall Economic Statement—Canada's Response to U.S. Tax Reform

Bennett Jones LLP on

Roughly one year after U.S. tax reform, the Department of Finance has introduced amendments to Canada's income tax laws aimed at encouraging investment in Canada. The proposed changes included in the Fall Economic Statement...more

Blake, Cassels & Graydon LLP

Cross-Border Incentive Plans: One Size Does Not Fit All

To recruit and retain highly skilled and experienced executives, companies must offer innovative and attractive compensation packages. Variable compensation is an increasingly important element of overall remuneration as...more

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