The following questions and answers are based on proposed measures that were announced in the 2023 budget on March 28, 2023. Please note that these measures will not become law until they have received Royal Assent.

The CRA will continue to communicate tax changes through its website, its forms and publications, its phone enquiries services and other communication channels, as the information becomes available.

In the meantime, please consult the website of the Department of Finance Canada to find out more.

CRA 2023 Budget News

• Employee Ownership Trusts (EOT)
• Grocery Rebate
• Deduction for Tradesperson’s Tools Expense