
2021 Quebec Economic and Financial Update
Québec Finance Minister Eric Girard released the Update on Quebec’s Economic and Financial Situation on November 25, 2021.
On November 25, 2021, Quebec Finance Minister Eric Girard delivered the Fall 2021 Update on Quebec’s Economic and Financial Situation.
No tax rate changes were announced, but the Government announced several initiatives to help support the cost of living, combat labour shortages and stimulate economic growth, and continue efforts to strengthen the healthcare system.
Tax measures announced include:
- Enhancing the refundable tax credit for childcare expenses for parents of children that attend non-subsidized daycare
- Enhanced assistance for seniors through the refundable senior assistance tax credit (effective 2021) and refundable tax credit for home support services (effective January 2022)
More details and highlights of the Quebec Fall 2021 Update can be found here.
Related Content
-
ProgressMay 20, 2022
Enhanced hospital GST / HST rebates for long-term care facilities
If you operate a long-term care facility and are currently only claiming the GST / HST rebate for charities or qualifying not-for-profit organizations, it may be time to revisit your eligibility for an enhanced hospital rebate announced in the 2022 Federal Budget.
-
AgilityMay 19, 2022
Crypto asset mining – A review of recent proposals
Proposed amendments to tax rules around crypto assets could impact business engaged in crypto mining activities. We explore how new definitions shift GST / HST costs under the proposed changes.
-
AgilityMay 13, 2022
Real estate and construction: Insights from Federal Budget 2022
The Federal Budget 2022 proposed a number of business and personal tax measures that will impact the real estate and construction sector. Melissa Aveiro, MNP’s Real Estate and Construction tax lead, discusses what the 2022 Federal Budget addressed – and what it did not.
Insights
-
Progress
May 20, 2022
Enhanced hospital GST / HST rebates for long-term care facilities
If you operate a long-term care facility and are currently only claiming the GST / HST rebate for charities or qualifying not-for-profit organizations, it may be time to revisit your eligibility for an enhanced hospital rebate announced in the 2022 Federal Budget.
-
Agility
May 19, 2022
Crypto asset mining – A review of recent proposals
Proposed amendments to tax rules around crypto assets could impact business engaged in crypto mining activities. We explore how new definitions shift GST / HST costs under the proposed changes.
-
Agility
May 17, 2022
The power of putting people first
For your organization to thrive in a modern and competitive workforce, you may need to shift your mindset and your approach towards employee satisfaction.