List of Tax Measures Coming into Effect in 2019
| Department of Finance Canada | backgrounders
List of Tax Measures Coming into Effect in 2019
| Department of Finance Canada | backgrounders
List of Tax Measures Coming into Effect in 2019
| Department of Finance Canada | backgrounders
In response to the unjustified tariffs imposed by the United States on Canadian steel and aluminum, on July 1, 2018, the Government of Canada applied reciprocal countermeasures on imports of steel, aluminum, and other products from the U.S.
| Department of Finance Canada | backgrounders
On October 23, 2018, the Government announced the next steps in its climate change plan, ensuring that a price on carbon pollution will exist across Canada beginning in 2019.
| Department of Finance Canada | backgrounders
Across the country, a strong and growing middle class is driving economic growth—creating new jobs and opportunities for people to succeed.
| Department of Finance Canada | backgrounders
In the Fall Economic Statement 2018, the Government is building on the hard work of Canadians, and on earlier investments aimed at growing the economy. New measures will strengthen confidence in Canada and encourage investment, supporting Canadian businesses as they grow, expand into new markets and create more good, well-paying jobs.
| Department of Finance Canada | backgrounders
Canada needs an economy that works for everyone—an economy where the benefits are felt by more and more people, where Canadians have access to high-quality jobs, and where Canadian businesses can confidently invest in creating jobs and in their future growth.
| Department of Finance Canada | backgrounders
The Fall Economic Statement 2018 is a plan to invest in the economy, strengthen and grow the middle class, and offer real help to people working hard to join it. The Government is delivering on its commitments to Canadians—investing in a fiscally responsible way that will keep the economy strong and growing today, and for the long term.
| Department of Finance Canada | backgrounders
The Department of Finance today launched online consultations on its Official Development Assistance disbursements, giving stakeholders an opportunity to comment on whether the disbursements meet the criteria stated under the Official Development Assistance Accountability Act.
| Department of Finance Canada | backgrounders
The fuel charge rates reflect a carbon pollution price of $20 per tonne of carbon dioxide equivalent (CO2e) in 2019, rising by $10 per tonne annually to $50 per tonne in 2022. The rates are based on global warming potential factors and emission factors used by Environment and Climate Change Canada to report Canada's emissions to the United Nations Framework Convention on Climate Change. Applying the fuel charge at higher rates over time will help to reduce greenhouse gas emissions and support clean growth, while keeping costs low for Canadians and Canadian businesses. It will send a signal to markets and provide an incentive to reduce energy use through conservation and efficiency measures.
| Department of Finance Canada | backgrounders
The federal carbon pollution pricing system has two components: A charge on fossil fuels ("fuel charge"), which will be administered by the Canada Revenue Agency (CRA), and An output-based pricing system (OBPS) for emission-intense industrial facilities, which will be administered by Environment and Climate Change Canada.