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
Le 4 février 2021, le ministère des Finances du Canada a publié un avant-projet de loi (l’« avant-projet de loi ») proposant de modifier la Loi de l’impôt sur le revenu (Canada) (la « LIR ») et le Règlement de l’impôt sur le...more
On February 4, 2021, the Department of Finance Canada released draft legislation (Draft Legislation) which would amend the Income Tax Act (Canada) (ITA) and the Income Tax Regulations (Regulations) to provide for, among other...more
Canadian exploration expenses (CEE) are certain types of expenses incurred by oil and gas, mining and renewable energy corporations. CEE is 100 percent deductible in the year the expense is incurred. Certain types of CEE also...more