Status: First Reading (House of Commons), April 8, 2019
On April 8, 2019, the Minister of Finance tabled Bill C-97, which includes certain measures from Budget 2019, plus several previously-announced tax changes. The bill includes the following income tax measures (measures not from Budget 2019 are noted):
- zero-emissions vehicles;
- donations of cultural property;
- Canadian development expenses and Canadian oil and gas property expenses (2018 Fall Economic Statement)
- kinship care providers;
- tax support for Canadian journalism;
- medical expense tax credit and cannabis;
- Canada Training Credit;
- small business deduction—farming and fishing;
- extending mineral exploration tax credit (2018 Fall Economic Statement);
- SR&ED for CCPCs;
- carrying on business in a TFSA;
- home buyers plan;
- repayments of salary overpayments (January 15, 2019);
- accelerated investment incentive for CCA (2018 Fall Economic Statement); and
- Class 43.1/43.2—electric vehicle charging stations and batteries (Budget 2016).
Also, C-97 includes the following GST/HST and excise tax measures from Budget 2019:
- fertility expenses;
- multidisciplinary health services;
- cannabis taxation; and
- consequential amendments relating to zero emissions vehicles.
