Tax Alert Archives February 2022

Department of Finance Extends Expanded Access to Local Lockdown Program and Canada Worker Lockdown Benefit

In a news release dated February 9, 2022, Canada’s Department of Finance announced its intention to extend enhanced key support programs to aid workers and businesses through ongoing public health restrictions.

Using regulatory authority provided in Bill C-2, the…

Prepared by: Brendan Forrest

Brendan Forrest is an associate working out of the Toronto office of Thorsteinssons LLP. Brendan’s practice focuses on corporate tax advisory and planning services. Brendan earned his Bachelor of Arts (Honours) from St. Michael’s College at the University of Toronto… more »

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Department of Finance Publishes Significant Draft Legislative Proposals for Public Comment

On February 4, 2022, Canada’s Department of Finance published draft legislative proposals and related materials (the “Published Materials”) for public comment. The Published Materials relate to the proposed implementation of various tax measures, including those outlined in the Government of…

Prepared by: Brendan Forrest

Brendan Forrest is an associate working out of the Toronto office of Thorsteinssons LLP. Brendan’s practice focuses on corporate tax advisory and planning services. Brendan earned his Bachelor of Arts (Honours) from St. Michael’s College at the University of Toronto… more »

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