The Federal Government has announced that the Fall Economic Statement 2022 will be presented in the House of Commons on November 3, 2022 at approximately 4:00 p.m. ET.
The Federal Government’s 2022 Budget stated that the Fall Economic Statement 2022 would provide an update on the following tax initiatives:
- the Department of Finance’s engagement with experts to establish a new investment tax credit of up to 30 per cent, focused on net-zero technologies, battery storage solutions, and clean hydrogen; and
- the Federal Government’s commitment to examine a new minimum tax regime.