2021 Federal Budget

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Creditor updates
Updates for creditors, limited partners, investors and shareholders.

Related insights:

Tax alert Importers: More time to sign up for CBSA online portal

Importers should start preparing the information needed to register their business with the Canada Border Service Agency’s (CBSA) online client portal.

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Agriculture

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ASPE Sec. 3041 Agriculture Understanding and applying the new ASPE Section 3041 Agriculture
The Canadian Accounting Standards Board (AcSB) has released new guidance on recognizing, measuring and disclosing biological assets and the harvested products of bio assets.

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Tax alert Agricultural Clean Technology Program
The Agricultural Clean Technology Program will provide financial assistance to farmers and agri-businesses to help them reduce greenhouse gas (GHG) emissions.

17 Jun 2021
Tax alert ACT Program – Research and Innovation Stream explained
The ACT Research and Innovation Stream provides financial support to organizations engaged in pre-market innovation.

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Tax alert ACT Program – Adoption Stream explained
The ACT Adoption Stream provides non-repayable funding to help farmers and agri-business with the purchase and installation of clean technologies.

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Cannabis

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Charities & not-for-profit

Here’s to the change-makers, the believers and the community-builders. Charities and not-for-profit organizations truly stand apart from the crowd. In today’s...

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Real Estate Service Providers
Your company plays a key role in the success of landlords, investors and owners, but who is doing the same for you?

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Real estate and construction 2024 Real estate market summary: seeking optimism in uncertainty

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Energy and natural resources

It’s not business as usual within the energy and natural resources sectors. Change has become constant and disruptive, in part a result of consolidation and...

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Mining
There’s no business quite like mining. It’s volatile, risky and complex – but the potential pay-off is huge. You’re not afraid of a challenge: the key is finding the right balance between risk and reward. Whether you’re a junior prospector, a senior producer, or somewhere in between, we’ll work with you to explore, discover and extract value at every stage of the mining process.
Oil & gas
The oil and gas industry is facing many complex challenges, beyond the price of oil. These include environmental issues, access to markets, growing competition from alternative energy sources and international markets, and a rapidly changing regulatory landscape, to name but a few.

Financial Services

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Manufacturing & distribution

Canadian manufacturers seeking to grow their businesses must address common issues, including limited access to finance, high raw material costs, inflexible...

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Private equity

To acquire high-quality assets in today’s unprecedented competitive global market, private equity firms and their portfolio companies must be increasingly...

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Professional services

Professional services firms face a dual challenge: anticipating and managing change not only for your clients, but also for your business. In today’s...

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Power & Utilities

At Grant Thornton, we have the real-world experience and knowledge that can help you in considering all of your strategic alternatives. Whether it be managing...

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Find up-to-date detailed analyses of the 2021 Canadian federal budget.

Budget 2021 2021 Federal Budget Summary

In an unprecedented time, the federal government has delivered an unprecedented budget. At almost 800 pages, the federal government’s 2021 budget (“Budget 2021”) is massive in size and spending.

20 Apr 2021

Budget 2021 Looking Ahead: The 2021 Federal Budget

As the 2021 Canadian Federal budget approaches—the first since the pandemic began—Grant Thornton’s Tara Benham (National Tax Leader) and Mike Stubbing (Business Unit Tax Service Line Leader) discuss what businesses and individuals may see.

12 Apr 2021

Budget 2021 Pre-budget alert 2021

The federal government is expected to release its budget (Budget 2021) this spring. This will be the first budget tabled since March 19, 2019, before the Liberal government was re-elected, and comes at a time of economic uncertainty caused by the pandemic.

04 Mar 2021

Budget 2021 Budget 2021

Find up-to-date detailed analyses of the 2021 Canadian federal and provincial budgets.

01 Mar 2021

Video Breaking Down Budget 2021’s COVID-19 Measures

Tara Benham (National Tax Leader) and Matt MacAdam (Partner, Tax) discuss the proposed extension of both the CEWS and CERS and introduction of the Canada Recovery Hiring Program (CRHP).

1 min read | 28 May 2021

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