MNP’s 2023 Federal Budget Summary

Deputy Prime Minister and Minister of Finance the Hon. Chrystia Freeland tabled the Federal Government’s Budget on March 28, 2023. Some of the highlights include:

• Changes to the rules on intergenerational business transfers (Bill C-208)
• Expansion of the Alternative Minimum Tax (AMT) for individuals
• New rules to facilitate the use of Employee Ownership Trusts

For more insight into what the changes are and how they might impact your business, read our 2023 Federal Budget Summary.