Tax Tax

Canada introduces legislation to implement clean technology and carbon capture tax credits and provides update on remaining clean energy tax credits

The Canadian federal government has introduced an implementation bill and provided further details of its clean energy initiatives.

Fall Economic Statement 2023

The Fall Economic Statement updates previously announced tax measures and proposes new tax measures.

CRA revises and expands its guidance on mandatory disclosure rules

On November 2, 2023, the Canada Revenue Agency (CRA) revised and expanded its guidance on the Canadian mandatory disclosure rules. The most important...

Ontario enhances the HST rebate for purpose-built rental properties

On November 1, 2023, Ontario announced that it would increase the harmonized sales tax (HST) rebate on qualifying purpose-built rental housing in...

Canadian mandatory disclosure rules update: first list of designated notifiable transactions released

First list of designated notifiable transactions under the Canadian mandatory disclosure rules published.

Osler submission on Canada’s draft Global Minimum Tax Act

On August 4, 2023, the Department of Finance released draft legislation implementing two key measures of the OECD’s Pillar Two global minimum tax...

Enhanced GST rental rebate for purpose-built rental properties

The Government of Canada has introduced legislation to enhance the GST rental rebate on new purpose-built rental housing. We examine the proposed new...

Draft Canadian Pillar Two global minimum tax legislation and revised DST legislation

The Department of Finance released draft legislation implementing two key measures of the OECD’s Pillar Two global minimum tax in Canada: the...

Canada releases long-awaited draft legislation for tax credits supporting the clean energy sector

On August 4, 2023, the Canadian federal government released long-awaited draft tax legislation for the Clean Technology Investment Tax Credit, labour...

Finance releases further revised EIFEL rules

Osler’s National Tax Group has been following these developments closely. See our Updates on the draft tax legislation package, the global...