The Finance Minister is scheduled to deliver Canada’s 2020 federal budget on 30 March 2020.
Although the government has signaled that this year’s budget will focus on climate change and the environment, any details on what measures may be under consideration are kept under wraps until the budget is released. However, when preparing this year’s federal budget, tax professionals believe that the government will draw heavily on its 2019 election platform and a recent report from the House of Commons Standing Committee on Finance, presented to Parliament in late February 2020.
Read a March 2020 report [PDF 242 KB] prepared by the KPMG member firm in Canada that considers possible tax measures to be included in the 2020 budget
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