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    2024 budget implementation bill no.1 introduced in House of Commons

    On 2 May 2024, Bill C-69, Budget Implementation Act, 2024, No. 1, received first reading in the House of Commons. Bill C-69 contains certain tax measures announced in the 2024 federal budget and the 2023 federal fall economic statement, as well as various other tax measures, such as the implementation of Canada's Global Minimum Tax Act, that were previously released in draft legislation on 20 December 2023 and 4 August 2023.

    7 May 2024

    Implementation of Release 2 of the CBSA Assessment and Revenue Management (CARM) project delayed to October 2024

    On 19 April 2024, the Canada Border Services Agency (CBSA) announced that the 13 May 2024 go-live date for Release 2 of CARM has been delayed to October 2024 for importers, customs brokers and trade advisors.

    29 Apr. 2024

    Federal budget 2024 announces further changes to alternative minimum tax

    On 16 April 2024, as part of the 2024 federal budget, the government introduced several revisions and technical amendments (updated amendments) to the proposed changes to the alternative minimum tax regime introduced in the 2023 federal budget for taxation years beginning after 2023.

    25 Apr. 2024

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