On 20 September 2021, Canadians re-elected a federal Liberal minority government. The Liberals’ election platform does not propose any sweeping general corporate or personal income tax or GST/HST rate changes. When the Canadian parliament was dissolved in August 2021 due to the federal election call, many proposed measures from the minority Liberal government’s 2021 federal budget had not yet been implemented and it is unclear whether, or to what extent, the Liberals will be able to obtain the support of another federal party to allow legislation implementing election platform measures (and 2021 budget measures) to be passed in the House of Commons.
International Tax and Treasury