On May 2, 2024, the federal government introduced Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024, for first reading. Bill C-69 contains legislation that, if passed, would enact certain measures outlined in the 2024 Budget, “Fairness for Every Generation” (Budget) that was previously tabled on…
Tag: Income Tax Act
Federal Government Introduces Changes to the Canada Emergency Wage Subsidy
On June 10, 2020, the federal government introduced Bill C-17, An Act respecting additional COVID-19 measures (Bill C-17). Among other changes, if passed in its current form, Bill C-17 would amend the Income Tax Act to revise the eligibility criteria for the Canada Emergency Wage Subsidy (CEWS).
Federal Government Postpones Changes to Stock Options
In June 2019, the federal government tabled a Notice of Ways and Means Motion to limit the benefit of the employee stock option deduction for high income individuals employed at large, long-established, mature organizations. Stakeholders were invited to provide input on the characteristics of small, growing companies that should not be subject to the new…
The Lawyer’s Daily Publishes an Article Authored by Natasha Monkman on Addressing Salary Overpayments
LexisNexis Canada’s The Lawyer’s Daily published an article authored by Hicks Morley’s Natasha Monkman titled, “Navigating New Options Proposed for Addressing Salary Overpayments.”