Canada’s Deputy Prime Minister and Finance Minister Chrystia Freeland delivered the 2024 federal budget on April 16, 2024. The budget expects a deficit of $40.0 billion for
2023-24 and forecasts deficits of $39.8 billion for 2024-25, and $38.9 billion for 2025-26.

KPMG released its TaxNewsFlash document on Tuesday, providing a detailed look at the budget and its impact on individuals and businesses.

To access TaxNewsFlash and read the highlights, click HERE.