![](\"https:\/\/levypilotte.com\/wp-content\/uploads\/2025\/10\/work-tools-picture-id801035652.jpg\")
<\/p>\n
Publications<\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/a><\/div><\/div><\/div><\/div>Disclaimer<\/h2><\/h2><\/div>The information contained on this site is intended to highlight and summarize current topics of interest. Such summaries are not exhaustive discussions of the topics covered. While every effort has been made to provide correct information, inadvertent errors can occur and applicable laws, rules and regulations can change. Additionally, the application of these laws, rules and regulations depend on specific circumstances. Therefore, the information on this site is not intended to serve as legal, accounting or tax advice. Please contact a partner or another professional advisor before acting upon any of the information contained herein. Levy Pilotte disclaims any responsibility for action taken by users of the site in their individual cases or for any misunderstanding on the part of users.<\/p>\n<\/div><\/div><\/div><\/div><\/div>\n
<\/div><\/div>\nOur Publications<\/h2>\n<\/div>\n\n2020 Quebec budget summary<\/a>\u00a0Here is a link to the recent Quebec budget.<\/p>\nQuebec budget summary \u2013 2019<\/a>\u00a0We have summarized Quebec\u2019s budget recently tabled by Finance Minister Mr. \u00c9ric Girard, a budget designed to honor a number of government commitments to Quebecers\u2019 concerns.<\/p>\nFederal budget 2019 \u2013 The summary\u00a0<\/a>Finance minister Bill Morneau tabled Budget 2019 on March 19, which respects in his view the initial commitment announced by the Government to invest in the middle class.<\/p>\nProvincial Fall Economics and Financial Summary 2018<\/a>\u00a0On December 3, 2018, the Qu\u00e9bec Government released its Fall Economic Update to announce concrete actions for putting money back in the pockets of Qu\u00e9bec families and seniors. The government is also taking steps to encourage acceleration of business investments.<\/p>\nFall Economics and Financial Summary 2018<\/a>\u00a0On November 21, 2018, the Federal Government released its Fall Economic Statement which<\/span><\/span>\u00a0intends to introduce a new temporary, non-refundable 15-per-cent tax credit for qualifying subscribers of eligible digital news media.<\/span><\/span><\/p>\n2018-2019 Quebec budget highlights<\/a>\u00a0The Minister of finances, Mr. Carlos J. Leit\u00e3o presents a balanced budget for the fourth consecutive year. An economic plan that is also beginning to repay the debt.<\/p>\nFederal budget 2018<\/a>. Finance Minister Bill Morneau today tabled Budget 2018 on February 27. This budget includes few personal income tax measures, precisions on passive investment income and no measures to facilitate transfer of family businesses.<\/p>\nEconomic Statement October 24, 2017<\/a>\u00a0The Federal Government released its Fall Economic Statement which reaffirmed the announcements in the various media releases from the previous week regarding their July 18th, 2017 proposed changes to the taxation of private corporations.<\/p>\nNew Proposed Tax Rules July 2017<\/a>\u00a0Here is the summary of the new tax rules affecting private companies and trusts announced by the Federal Minister of Finance on July 18, 2017.<\/p>\n2017-2018 Quebec budget summary<\/a>\u00a0 The Minister of Finance Carlos J. Leit\u00e3o tabled on March 28, the Qu\u00e9bec Economic Plan for 2017, a third consecutive balanced budget, confirming Qu\u00e9bec\u2019s good economic and financial health.<\/p>\n2017 Federal budget summary<\/a>\u00a0Finance Minister Bill Morneau tabled the Government\u2019s second budget, \u00a0Building a Strong Middle Class, \u00a0<\/em>which continues to invest in middle class Canadians.<\/p>\n2016 Federal Budget summary<\/a>\u00a0\u00a0The Minister of Finance, Bill Morneau, tabled on March 22, 2016, the new Government of Canada\u2019s first federal budget,\u00a0Growing the Middle Class<\/em>, a plan that, according to the Government, takes important steps to revitalize the Canadian economy, and delivers real change for the middle class and those working hard to join it.<\/p>\n2016-2017 Qu\u00e9bec budget summary<\/a>\u00a0Minister of Finance Carlos Leit\u00e3o tabled a second consecutive balanced budget and an economic plan containing measures that, in the opinion of the minister, will enable Qu\u00e9bec to rise to the challenges of tomorrow by addressing the structural issues that are slowing its economic growth.<\/p>\nGST HST Closely related corporation election<\/a>\u00a0Section 156 of the Excise Tax Act (\u201cETA\u201d) election allows certain taxable supplies (i.e., management fees, sale\/purchase of goods, etc.) among closely related corporations (defined below) deemed to be made for NIL consideration such that no GST is charged and collected.<\/p>\nRelev\u00e931 Revenu Quebec<\/a>\u00a0A new Qu\u00e9bec form, RL-31 \u201cInformation about a leased building\u201d<\/em>, comes into effect in 2015. The RL-31 essentially replaces the former RL-4 (\u201cReal Estate Taxes\u201d) that was issued to tenants.<\/p>\n2015-Federal Budget summary<\/a>\u00a0The\u00a0Minister of Finance, Mr. Joe Oliver said: \u201cEconomic Action Plan 2015 is a balanced budget, low-tax plan for jobs and growth, one that works for all Canadians.\u201d<\/p>\n2015-2016 Qu\u00e9bec budget summary<\/a>\u00a0The Minister of Finance, Carlos Leit\u00e3o, confirmed in his Budget Speech today that fiscal balance will be restored in 2015-2016.<\/p>\n
Disclaimer<\/h2><\/h2><\/div>The information contained on this site is intended to highlight and summarize current topics of interest. Such summaries are not exhaustive discussions of the topics covered. While every effort has been made to provide correct information, inadvertent errors can occur and applicable laws, rules and regulations can change. Additionally, the application of these laws, rules and regulations depend on specific circumstances. Therefore, the information on this site is not intended to serve as legal, accounting or tax advice. Please contact a partner or another professional advisor before acting upon any of the information contained herein. Levy Pilotte disclaims any responsibility for action taken by users of the site in their individual cases or for any misunderstanding on the part of users.<\/p>\n<\/div><\/div><\/div><\/div><\/div>\n
<\/div><\/div>\nOur Publications<\/h2>\n<\/div>\n\n2020 Quebec budget summary<\/a>\u00a0Here is a link to the recent Quebec budget.<\/p>\nQuebec budget summary \u2013 2019<\/a>\u00a0We have summarized Quebec\u2019s budget recently tabled by Finance Minister Mr. \u00c9ric Girard, a budget designed to honor a number of government commitments to Quebecers\u2019 concerns.<\/p>\nFederal budget 2019 \u2013 The summary\u00a0<\/a>Finance minister Bill Morneau tabled Budget 2019 on March 19, which respects in his view the initial commitment announced by the Government to invest in the middle class.<\/p>\nProvincial Fall Economics and Financial Summary 2018<\/a>\u00a0On December 3, 2018, the Qu\u00e9bec Government released its Fall Economic Update to announce concrete actions for putting money back in the pockets of Qu\u00e9bec families and seniors. The government is also taking steps to encourage acceleration of business investments.<\/p>\nFall Economics and Financial Summary 2018<\/a>\u00a0On November 21, 2018, the Federal Government released its Fall Economic Statement which<\/span><\/span>\u00a0intends to introduce a new temporary, non-refundable 15-per-cent tax credit for qualifying subscribers of eligible digital news media.<\/span><\/span><\/p>\n2018-2019 Quebec budget highlights<\/a>\u00a0The Minister of finances, Mr. Carlos J. Leit\u00e3o presents a balanced budget for the fourth consecutive year. An economic plan that is also beginning to repay the debt.<\/p>\nFederal budget 2018<\/a>. Finance Minister Bill Morneau today tabled Budget 2018 on February 27. This budget includes few personal income tax measures, precisions on passive investment income and no measures to facilitate transfer of family businesses.<\/p>\nEconomic Statement October 24, 2017<\/a>\u00a0The Federal Government released its Fall Economic Statement which reaffirmed the announcements in the various media releases from the previous week regarding their July 18th, 2017 proposed changes to the taxation of private corporations.<\/p>\nNew Proposed Tax Rules July 2017<\/a>\u00a0Here is the summary of the new tax rules affecting private companies and trusts announced by the Federal Minister of Finance on July 18, 2017.<\/p>\n2017-2018 Quebec budget summary<\/a>\u00a0 The Minister of Finance Carlos J. Leit\u00e3o tabled on March 28, the Qu\u00e9bec Economic Plan for 2017, a third consecutive balanced budget, confirming Qu\u00e9bec\u2019s good economic and financial health.<\/p>\n2017 Federal budget summary<\/a>\u00a0Finance Minister Bill Morneau tabled the Government\u2019s second budget, \u00a0Building a Strong Middle Class, \u00a0<\/em>which continues to invest in middle class Canadians.<\/p>\n2016 Federal Budget summary<\/a>\u00a0\u00a0The Minister of Finance, Bill Morneau, tabled on March 22, 2016, the new Government of Canada\u2019s first federal budget,\u00a0Growing the Middle Class<\/em>, a plan that, according to the Government, takes important steps to revitalize the Canadian economy, and delivers real change for the middle class and those working hard to join it.<\/p>\n2016-2017 Qu\u00e9bec budget summary<\/a>\u00a0Minister of Finance Carlos Leit\u00e3o tabled a second consecutive balanced budget and an economic plan containing measures that, in the opinion of the minister, will enable Qu\u00e9bec to rise to the challenges of tomorrow by addressing the structural issues that are slowing its economic growth.<\/p>\nGST HST Closely related corporation election<\/a>\u00a0Section 156 of the Excise Tax Act (\u201cETA\u201d) election allows certain taxable supplies (i.e., management fees, sale\/purchase of goods, etc.) among closely related corporations (defined below) deemed to be made for NIL consideration such that no GST is charged and collected.<\/p>\nRelev\u00e931 Revenu Quebec<\/a>\u00a0A new Qu\u00e9bec form, RL-31 \u201cInformation about a leased building\u201d<\/em>, comes into effect in 2015. The RL-31 essentially replaces the former RL-4 (\u201cReal Estate Taxes\u201d) that was issued to tenants.<\/p>\n2015-Federal Budget summary<\/a>\u00a0The\u00a0Minister of Finance, Mr. Joe Oliver said: \u201cEconomic Action Plan 2015 is a balanced budget, low-tax plan for jobs and growth, one that works for all Canadians.\u201d<\/p>\n2015-2016 Qu\u00e9bec budget summary<\/a>\u00a0The Minister of Finance, Carlos Leit\u00e3o, confirmed in his Budget Speech today that fiscal balance will be restored in 2015-2016.<\/p>\n
The information contained on this site is intended to highlight and summarize current topics of interest. Such summaries are not exhaustive discussions of the topics covered. While every effort has been made to provide correct information, inadvertent errors can occur and applicable laws, rules and regulations can change. Additionally, the application of these laws, rules and regulations depend on specific circumstances. Therefore, the information on this site is not intended to serve as legal, accounting or tax advice. Please contact a partner or another professional advisor before acting upon any of the information contained herein. Levy Pilotte disclaims any responsibility for action taken by users of the site in their individual cases or for any misunderstanding on the part of users.<\/p>\n<\/div><\/div><\/div><\/div><\/div>\n
Our Publications<\/h2>\n<\/div>\n\n2020 Quebec budget summary<\/a>\u00a0Here is a link to the recent Quebec budget.<\/p>\nQuebec budget summary \u2013 2019<\/a>\u00a0We have summarized Quebec\u2019s budget recently tabled by Finance Minister Mr. \u00c9ric Girard, a budget designed to honor a number of government commitments to Quebecers\u2019 concerns.<\/p>\nFederal budget 2019 \u2013 The summary\u00a0<\/a>Finance minister Bill Morneau tabled Budget 2019 on March 19, which respects in his view the initial commitment announced by the Government to invest in the middle class.<\/p>\nProvincial Fall Economics and Financial Summary 2018<\/a>\u00a0On December 3, 2018, the Qu\u00e9bec Government released its Fall Economic Update to announce concrete actions for putting money back in the pockets of Qu\u00e9bec families and seniors. The government is also taking steps to encourage acceleration of business investments.<\/p>\nFall Economics and Financial Summary 2018<\/a>\u00a0On November 21, 2018, the Federal Government released its Fall Economic Statement which<\/span><\/span>\u00a0intends to introduce a new temporary, non-refundable 15-per-cent tax credit for qualifying subscribers of eligible digital news media.<\/span><\/span><\/p>\n2018-2019 Quebec budget highlights<\/a>\u00a0The Minister of finances, Mr. Carlos J. Leit\u00e3o presents a balanced budget for the fourth consecutive year. An economic plan that is also beginning to repay the debt.<\/p>\nFederal budget 2018<\/a>. Finance Minister Bill Morneau today tabled Budget 2018 on February 27. This budget includes few personal income tax measures, precisions on passive investment income and no measures to facilitate transfer of family businesses.<\/p>\nEconomic Statement October 24, 2017<\/a>\u00a0The Federal Government released its Fall Economic Statement which reaffirmed the announcements in the various media releases from the previous week regarding their July 18th, 2017 proposed changes to the taxation of private corporations.<\/p>\nNew Proposed Tax Rules July 2017<\/a>\u00a0Here is the summary of the new tax rules affecting private companies and trusts announced by the Federal Minister of Finance on July 18, 2017.<\/p>\n2017-2018 Quebec budget summary<\/a>\u00a0 The Minister of Finance Carlos J. Leit\u00e3o tabled on March 28, the Qu\u00e9bec Economic Plan for 2017, a third consecutive balanced budget, confirming Qu\u00e9bec\u2019s good economic and financial health.<\/p>\n2017 Federal budget summary<\/a>\u00a0Finance Minister Bill Morneau tabled the Government\u2019s second budget, \u00a0Building a Strong Middle Class, \u00a0<\/em>which continues to invest in middle class Canadians.<\/p>\n2016 Federal Budget summary<\/a>\u00a0\u00a0The Minister of Finance, Bill Morneau, tabled on March 22, 2016, the new Government of Canada\u2019s first federal budget,\u00a0Growing the Middle Class<\/em>, a plan that, according to the Government, takes important steps to revitalize the Canadian economy, and delivers real change for the middle class and those working hard to join it.<\/p>\n2016-2017 Qu\u00e9bec budget summary<\/a>\u00a0Minister of Finance Carlos Leit\u00e3o tabled a second consecutive balanced budget and an economic plan containing measures that, in the opinion of the minister, will enable Qu\u00e9bec to rise to the challenges of tomorrow by addressing the structural issues that are slowing its economic growth.<\/p>\nGST HST Closely related corporation election<\/a>\u00a0Section 156 of the Excise Tax Act (\u201cETA\u201d) election allows certain taxable supplies (i.e., management fees, sale\/purchase of goods, etc.) among closely related corporations (defined below) deemed to be made for NIL consideration such that no GST is charged and collected.<\/p>\nRelev\u00e931 Revenu Quebec<\/a>\u00a0A new Qu\u00e9bec form, RL-31 \u201cInformation about a leased building\u201d<\/em>, comes into effect in 2015. The RL-31 essentially replaces the former RL-4 (\u201cReal Estate Taxes\u201d) that was issued to tenants.<\/p>\n2015-Federal Budget summary<\/a>\u00a0The\u00a0Minister of Finance, Mr. Joe Oliver said: \u201cEconomic Action Plan 2015 is a balanced budget, low-tax plan for jobs and growth, one that works for all Canadians.\u201d<\/p>\n2015-2016 Qu\u00e9bec budget summary<\/a>\u00a0The Minister of Finance, Carlos Leit\u00e3o, confirmed in his Budget Speech today that fiscal balance will be restored in 2015-2016.<\/p>\n
2020 Quebec budget summary<\/a>\u00a0Here is a link to the recent Quebec budget.<\/p>\n Quebec budget summary \u2013 2019<\/a>\u00a0We have summarized Quebec\u2019s budget recently tabled by Finance Minister Mr. \u00c9ric Girard, a budget designed to honor a number of government commitments to Quebecers\u2019 concerns.<\/p>\n Federal budget 2019 \u2013 The summary\u00a0<\/a>Finance minister Bill Morneau tabled Budget 2019 on March 19, which respects in his view the initial commitment announced by the Government to invest in the middle class.<\/p>\n Provincial Fall Economics and Financial Summary 2018<\/a>\u00a0On December 3, 2018, the Qu\u00e9bec Government released its Fall Economic Update to announce concrete actions for putting money back in the pockets of Qu\u00e9bec families and seniors. The government is also taking steps to encourage acceleration of business investments.<\/p>\n Fall Economics and Financial Summary 2018<\/a>\u00a0On November 21, 2018, the Federal Government released its Fall Economic Statement which<\/span><\/span>\u00a0intends to introduce a new temporary, non-refundable 15-per-cent tax credit for qualifying subscribers of eligible digital news media.<\/span><\/span><\/p>\n 2018-2019 Quebec budget highlights<\/a>\u00a0The Minister of finances, Mr. Carlos J. Leit\u00e3o presents a balanced budget for the fourth consecutive year. An economic plan that is also beginning to repay the debt.<\/p>\n Federal budget 2018<\/a>. Finance Minister Bill Morneau today tabled Budget 2018 on February 27. This budget includes few personal income tax measures, precisions on passive investment income and no measures to facilitate transfer of family businesses.<\/p>\n Economic Statement October 24, 2017<\/a>\u00a0The Federal Government released its Fall Economic Statement which reaffirmed the announcements in the various media releases from the previous week regarding their July 18th, 2017 proposed changes to the taxation of private corporations.<\/p>\n New Proposed Tax Rules July 2017<\/a>\u00a0Here is the summary of the new tax rules affecting private companies and trusts announced by the Federal Minister of Finance on July 18, 2017.<\/p>\n 2017-2018 Quebec budget summary<\/a>\u00a0 The Minister of Finance Carlos J. Leit\u00e3o tabled on March 28, the Qu\u00e9bec Economic Plan for 2017, a third consecutive balanced budget, confirming Qu\u00e9bec\u2019s good economic and financial health.<\/p>\n 2017 Federal budget summary<\/a>\u00a0Finance Minister Bill Morneau tabled the Government\u2019s second budget, \u00a0Building a Strong Middle Class, \u00a0<\/em>which continues to invest in middle class Canadians.<\/p>\n 2016 Federal Budget summary<\/a>\u00a0\u00a0The Minister of Finance, Bill Morneau, tabled on March 22, 2016, the new Government of Canada\u2019s first federal budget,\u00a0Growing the Middle Class<\/em>, a plan that, according to the Government, takes important steps to revitalize the Canadian economy, and delivers real change for the middle class and those working hard to join it.<\/p>\n 2016-2017 Qu\u00e9bec budget summary<\/a>\u00a0Minister of Finance Carlos Leit\u00e3o tabled a second consecutive balanced budget and an economic plan containing measures that, in the opinion of the minister, will enable Qu\u00e9bec to rise to the challenges of tomorrow by addressing the structural issues that are slowing its economic growth.<\/p>\n GST HST Closely related corporation election<\/a>\u00a0Section 156 of the Excise Tax Act (\u201cETA\u201d) election allows certain taxable supplies (i.e., management fees, sale\/purchase of goods, etc.) among closely related corporations (defined below) deemed to be made for NIL consideration such that no GST is charged and collected.<\/p>\n Relev\u00e931 Revenu Quebec<\/a>\u00a0A new Qu\u00e9bec form, RL-31 \u201cInformation about a leased building\u201d<\/em>, comes into effect in 2015. The RL-31 essentially replaces the former RL-4 (\u201cReal Estate Taxes\u201d) that was issued to tenants.<\/p>\n 2015-Federal Budget summary<\/a>\u00a0The\u00a0Minister of Finance, Mr. Joe Oliver said: \u201cEconomic Action Plan 2015 is a balanced budget, low-tax plan for jobs and growth, one that works for all Canadians.\u201d<\/p>\n 2015-2016 Qu\u00e9bec budget summary<\/a>\u00a0The Minister of Finance, Carlos Leit\u00e3o, confirmed in his Budget Speech today that fiscal balance will be restored in 2015-2016.<\/p>\n