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Ontario’s economic landscape is set for significant developments as Minister of Finance Peter Bethlenfalvy unveiled the province’s 2023 economic outlook and fiscal review on November 2, 2023. Under the banner of “Building a Stronger Ontario Together”, this year’s statement not only reflects stability in tax rates but also introduces strategic enhancements aimed at fostering growth...

Introduction In a significant development on September 14, 2023, the Department of Finance revealed further details about the federal government’s initiative to enhance the GST rental rebate. This change is set to provide substantial financial relief to builders in the residential rental sector, particularly for newly constructed multi-unit rental properties. Key Changes and Dates The...