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Finance Canada Releases Draft Legislation for Tax Measures Including Investment Tax Credits, a Global Minimum Tax, EIFEL Rules, and more.
Today the Department of Finance Canada released draft legislative proposals for several tax measures included in Budget 2023 and launched consultations to solicit feedback.
Prime Minister Trudeau Shuffles His Cabinet Ahead of Fall Parliamentary Session and Potential 2024 Election
This morning at Rideau Hall, Prime Minister Justin Trudeau announced a major shuffle of his Cabinet, the largest overhaul since coming to government in 2015. This change comes almost two years since the Liberals were re-elected with a minority government in September 2021 and was clearly done with the next campaign in mind.
Powering Ontario's Growth: Sussex Summary & Analysis
Ontario’s Minister of Energy announced Powering Ontario’s Growth – Ontario’s Plan for a Clean Energy Future. The report represents the Government of Ontario’s response to last year’s Independent Electricity System Operator (“IESO”) Pathways to Decarbonization (“P2D”) report and commits to significant actions designed to ensure the province is prepared to sustainably manage anticipated growth in energy demand.
Ontario Takes Further Action to Increase Housing Supply By Extending Strong Mayor Powers to 26 Additional Municipalities
This morning, following a meeting with Ontario’s Big City Mayors, the Hon. Steve Clark, Minister of Municipal Affairs and Housing, announced that Strong Mayor Powers will be extended to 26 additional municipalities.
Federal Liberals Introduce C-50: the Canadian Sustainable Jobs Act
Yesterday, the Honourable Jonathan Wilkinson, Minister of Natural Resources, introduced Bill C-50 entitled “An Act respecting accountability, transparency and engagement to support the creation of sustainable jobs for workers and economic growth in a net-zero economy” (Canadian Sustainable Jobs Act).
Canada Launches Two Consultations on Zero Plastic Waste
Yesterday afternoon, Environment and Climate Change Canada announced two documents in support of its zero plastic waste agenda and will launch public consultations for feedback on Canada's approach to reducing and managing plastic pollution.