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Budget Commentary

2020 BC Budget Commentary

Wealth Planning | Feb 20, 2020

Finance Minister Carole James tabled the 2020 British Columbia provincial budget on February 18, 2020. The budget projects surpluses of $227 million for the 2020-2021 fiscal year, $179 million for the 2021-2022 fiscal year and $374 million for the 2022-2023 fiscal year. The following pages are a summary of the…

2019 Federal Budget Commentary

Wealth Planning | Mar 20, 2019

On March 19, 2019, federal Finance Minister Bill Morneau tabled the Liberal government’s highly anticipated budget – the final one before the October 2019 election. After accounting for Budget 2019 proposals, the budgetary balance is expected to show deficits of $14.9 billion in 2018-2019 and $19.8 billion in 2019-2020. Over…

2019 BC Budget Commentary

Wealth Planning | Feb 20, 2019

Finance Minister Carole James tabled the 2019 British Columbia provincial budget on February 19, 2019. The budget projects surpluses of $274 million for the 2019-2020 fiscal year, $287 million for the 2020-2021 fiscal year and $585 million for the 2021-2022 fiscal year. On the income tax side, there were no…

2018 Federal Budget Commentary

Wealth Planning | Mar 1, 2018

On February 27, 2018, federal Finance Minister Bill Morneau tabled the Liberal government’s highly anticipated budget – the third since the October 2015 election. The budget, titled “Equality & Growth – A Strong Middle Class”, focused primarily on gender equality and investing in the middle class. After accounting for Budget…