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From time to time, the Waterloo Region Family Network (WRFN) is asked to distribute information on behalf of third parties. WRFN provides general information to self-advocates and families of children with special needs. The information provided on this website is not a recommendation, referral or endorsement of any resource, therapeutic method, or service provider. WRFN is not responsible for any information or services provided by third parties. You are urged to use independent judgment when considering any resource.

 


 

Federal Budget

Carters Bulletin on the 2023 Federal Budget

Wednesday, March 29, 2023

 

Finance Minister Chrystia Freeland tabled the seventh budget of the Liberal federal government (“Budget 2023”) on March 28, 2023. Budget 2023 is comprised of six chapters and three annexes focussing on a wide range of issues, including supporting the middle class, investing in public health and dental care, growing a clean economy, advancing reconciliation, combatting financial crime, and implementing measures to ensure a fair tax system, amongst others matters. What Budget 2023 does not include, unlike recent budgets, are any legislative provisions aimed specifically at assisting or regulating the charitable and not-for-profit (“NFP”) sector. Instead, the specific relevancy of Budget 2023 to the charitable and NFP sector is primarily limited to various financial incentives to a number of non-profits, as well as general statements dealing with combatting financial crime, with a particular focus on strengthening efforts against money laundering and terrorist financing. A brief summary of these key aspects is set out in the balance of this Bulletin.

 

To read more, please see Charity & NFP Law Bulletin No. 521.

Trish Coupal at 10:03 AM
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