Every other week, we release 5 Minutes for Business, a publication written by Hendrik Brakel, our Senior Director of Economic, Financial and Tax Policy. This week, Hendrik Brakel rolls up his sleeves and gets down to the nitty-gritty of parenting–ahem–predicting the three important elements to expect when we’re expecting the much-anticipated bundle of joy that is the federal budget. We’re crossing our fingers that this late arrival makes its way into the world on its newly projected due date: March 21, 2017.
When a new federal budget comes kicking and screaming into the world, we’re often faced with a feeling of uncertainty: Will this baby have larger deficits than it did the year prior? What’s the plan to support Canadian innovation? What about taxes? What’s going to happen following the internal review of all federal tax credits? These are all concerns that Canadian businesses share when welcoming a new budget.
Hendrikreviews the good, the bad and the ugly when it comes to deficits, innovation and taxes as we adapt our expectations to life with a new federal budget.
Read 5 Minutes for Business to find out how best to prepare for the arrival of the federal budget.
For more information, please contact Hendrik Brakel.