July 9, 2020
Canada delivers its 2020 Economic and Fiscal Snapshot
Federal Finance Minister Bill Morneau delivered a 2020 Economic and Fiscal Snapshot on July 8, taking into account the more than $230 billion in economic measures introduced to support individuals and businesses impacted by the COVID-19 crisis. The snapshot, which outlines Canada's current economic situation, does not include any new tax measures affecting individuals or corporations.
A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details.
Full text of Tax Alert