2024 Federal, provincial & territorial budgets

Federal budget | Provincial and territorial budgets | Tax services | Our team

Comprehensive budget insights and analysis for you and your business.
Explore the key tax measures announced in the federal, provincial and territorial budgets and how they may affect your business and personal circumstances. Our team of EY tax professionals will do a deep dive into the proposals and provide an in-depth analysis on what this could mean for you and your business.

Federal budget 2024

On 16 April 2024, federal Finance Minister Chrystia Freeland tabled the 2024–2025 budget. For a comprehensive summary of the proposed tax measures and what this could mean for you and your business, see our Highlights+ Tax Alert.

Federal budget 2024: Highlights+ Tax Alert
Read our Highlights+ Tax Alert for an in-depth analysis of what the 2024 federal budget could mean for you and your business.

Learn more

Live fireside budget debrief
Watch the 30-minute on-demand replay as our advisors provide you with a short yet robust overview and highlights of the federal budget.

Watch on-demand

In-depth budget analysis
Watch the on-demand replay as we dive deep into the federal budget and provide an in-depth analysis on what this could mean for you and your business.

Watch on demand

The 2024 budget is expected to outline substantial investments in areas such as health care and the environment, while managing ongoing concerns related to overspending and the growing debt. The government will likely aim to secure the public's trust in its financial handling of the economy, while striving to accommodate additional expenditures, especially for those affected by inflation, high interest rates and rising living costs. While tax increases are not expected, businesses should be prepared for potential changes in international tax rules and tech-related taxes.

Albert Anelli

EY Canada Managing Partner, Tax

Explore EY's 2024 provincial and territorial budget Tax Alerts:

British Columbia budget — 22 February 2024

Nunavut budget — 26 February 2024

Alberta budget — 29 February 2024

Nova Scotia budget — 29 February 2024

Prince Edward Island budget — 29 February 2024

Yukon budget — 7 March 2024

Quebec budget — 12 March 2024

New Brunswick budget — 19 March 2024

Saskatchewan budget — 20 March 2024

Newfoundland and Labrador budget — 21 March 2024

Ontario budget — 26 March 2024

Manitoba budget — 2 April 2024

Northwest Territories budget — 24 May 2024

Past budget coverage:

2023 budget Tax Alerts

Webcasts:

Fireside Budget Debrief
Watch the 30-minute on-demand replay as our advisors provide you with a short yet robust overview and highlights of the federal budget.

In-depth Budget Analysis
Watch the on-demand replay as we dive deep into the federal budget and provide an in-depth analysis on what this could mean for you and your business.

Federal budget insights & analysis:

Federal budget 2023: Highlights
Read our Highlights Tax Alert on the 2023 federal budget.

Federal budget 2023 Tax Alert
Read our detailed Tax Alert on the 2023 federal budget.

Provincial and territorial budgets:

Prince Edward Island budget 2023‑24
PEI Finance Minister Jill Burridge tabled the province’s fiscal 2023–24 budget on 25 May 2023.

Nova Scotia budget 2023‑24
Nova Scotia Finance and Treasury Board Minister Allan MacMaster introduced the province’s fiscal 2023–24 budget on 23 March 2023.

Newfoundland and Labrador budget 2023‑24
Newfoundland and Labrador Deputy Premier and Minister of Finance Siobhan Coady tabled the province’s fiscal 2023–24 budget on 23 March 2023.

Ontario budget 2023‑24
Ontario Finance Minister Peter Bethlenfalvy tabled the province’s 2023–24 budget on 23 March 2023.

Saskatchewan budget 2023‑24
Saskatchewan Finance Minister Donna Harpauer tabled the province’s fiscal 2023–24 budget on 22 March 2023.

New Brunswick budget 2023‑24
New Brunswick Finance Minister Ernie Steeves introduced the province’s fiscal 2023–24 budget on 21 March 2023.

Québec budget 2023‑24
Québec Finance Minister Éric Girard tabled the province’s fiscal 2023–24 budget on 21 March 2023.

Québec budget 2023‑24: highlights
Québec Finance Minister Éric Girard tabled the province’s fiscal 2023–24 budget on 21 March 2023.

Manitoba budget 2023‑2024
Manitoba Finance Minister Cliff Cullen tabled the province’s fiscal 2023–24 budget on 7 March 2023.

Yukon budget 2023‑24
Yukon Finance Minister Sandy Silver tabled the territory’s fiscal 2023–24 budget on 2 March 2023.

British Columbia budget 2023‑24
BC Finance Minister Katrine Conroy tabled the province’s fiscal 2023–24 budget on 28 February 2023.

Alberta budget 2023‑24
Alberta Finance Minister Travis Toews tabled the province’s fiscal 2023–24 budget on 28 February 2023.

Nunavut budget 2023‑24
On 23 February 2023, Nunavut Finance Minister Lorne Kusugak tabled the territory’s fiscal 2023–24 budget.

Northwest Territories budget 2023‑24
Northwest Territories Finance Minister Caroline Wawzonek tabled the territory’s fiscal 2023 24 budget on 8 February 2023.
2022 budget Tax Alerts

Webcasts:

Fireside Budget Debrief Webcast
Watch the on-demand replay of our 30-minute fireside debrief as we discuss the highlights and key aspects of the budget.

In-depth Budget Analysis Webcast
Watch the on-demand replay as we dive deep into the federal budget and provide an in-depth analysis on what this could mean for you and your business.

Federal budget insights & analysis:

Federal budget 2022-23: Highlights
Read our Highlights Tax Alert on the 2022‑23 federal budget.

Federal budget 2022-23 Tax Alert
Read our late-breaking Tax Alert on the 2022–23 federal budget.

Provincial and territorial budgets:

Ontario re-introduces its 2022 budget bill
Ontario Finance Minister Peter Bethlenfalvy re-tabled the province’s budget bill, Plan to Build Act (Budget Measures), 2022, on 9 August 2022.

Nunavut budget 2022‑23
Nunavut Finance Minister Lorne Kusugak tabled the territory’s fiscal 2022–23 budget on 26 May 2022.

Ontario budget 2022‑23
Ontario Finance Minister Peter Bethlenfalvy tabled the province’s 2022–23 budget on 28 April 2022.

Manitoba budget 2022‑23
Manitoba Finance Minister Cameron Friesen tabled the province’s fiscal 2022–23 budget on 12 April 2022.

Newfoundland and Labrador budget 2022‑23
Newfoundland and Labrador Finance Minister Siobhan Coady tabled the province’s fiscal 2022‑23 budget on 7 April 2022.

Nova Scotia budget 2022‑23
Nova Scotia Finance and Treasury Board Minister Allan MacMaster introduced the province’s fiscal 2022–23 budget on 29 March 2022.

Saskatchewan budget 2022‑23
Saskatchewan Finance Minister Donna Harpauer tabled the province’s fiscal 2022–23 budget on 23 March 2022.

Quebec budget 2022‑23: highlights
Quebec Finance Minister Éric Girard tabled the province’s fiscal 2022–23 budget on 22 March 2022.

Quebec budget 2022‑23
Quebec Finance Minister Éric Girard tabled the province’s fiscal 2022–23 budget on 22 March 2022.

New Brunswick budget 2022‑23
New Brunswick Finance Minister Ernie Steeves introduced the province’s fiscal 2022–23 budget on 22 March 2022.

Yukon budget 2022‑23
Yukon Finance Minister Sandy Silver tabled the territory’s fiscal 2022–23 budget on 3 March 2022.

Prince Edward Island budget 2022‑23
PEI Finance Minister Darlene Compton tabled the province’s fiscal 2022‑23 budget on 24 February 2022.

Alberta budget 2022‑23
Alberta Finance Minister Travis Toews tabled the province’s fiscal 2022‑23 budget on 24 February 2022.

Northwest Territories budget 2022‑23
Northwest Territories Finance Minister Caroline Wawzonek tabled the territory’s fiscal 2022–23 budget on 22 February 2022.

British Columbia budget 2022‑23
BC Finance Minister Selina Robinson tabled the province’s fiscal 2022‑23 budget on 22 February 2022.
2021 budget Tax Alerts

Federal Budget 2021-22 Tax Alert
Deputy Prime Minister and Finance Minister, Chrystia Freeland tabled the 2021 federal budget in the House of Commons on 19 April 2021.

Federal Budget 2021-22 Webcast
Watch the on-demand replay as we dive deep into the federal budget and provide an in-depth analysis on what this could mean for you and your business.

Provincial and territorial budgets:

Newfoundland and Labrador budget 2021‑22
Newfoundland and Labrador Finance Minister Siobhan Coady tabled the province’s fiscal 2021–22 budget on 31 May 2021.

British Columbia budget 2021–22
British Columbia Finance Minister Selina Robinson tabled the province’s fiscal 2021–22 budget on 20 April 2021.

Manitoba budget 2021–22
Manitoba Finance Minister Scott Fielding tabled the province’s fiscal 2021–22 budget on 7 April 2021.

Nova Scotia budget 2021–22
Nova Scotia Finance Minister Labi Kousoulis tabled the province’s fiscal 2021–22 budget on 25 March 2021.

Quebec budget 2021–22 | Highlights Quebec budget 2021‑22
Quebec Finance Minister Éric Girard tabled the province’s fiscal 2021-22 budget on 25 March 2021.

Ontario budget 2021–22
Ontario Finance Minister Peter Bethlenfalvy will be tabling the province’s fiscal 2021–22 budget on 24 March 2021.

New Brunswick budget 2021‑22
New Brunswick Finance Minister Ernie Steeves introduced the province’s fiscal 2021–22 budget on 16 March 2021.

Prince Edward Island budget 2021–22
PEI Finance Minister Darlene Compton tabled the province’s fiscal 2021–22 budget on 12 March 2021.

Yukon budget 2021‑22
Yukon Finance Minister Sandy Silver tabled the territory’s fiscal 2021–22 budget on 4 March 2021.

Alberta budget 2021‑22
Alberta Finance Minister Travis Toews tabled the province’s fiscal 2021–22 budget on 25 February 2021.

Nunavut budget 2021‑22
Nunavut Finance Minister George Hickes tabled the territory’s fiscal 2021‑22 budget on 23 February 2021.

Northwest Territories budget 2021‑22
Northwest Territories Finance Minister Caroline Wawzonek tabled the territory’s fiscal 2021–22 budget on 4 February 2021.
2020 budget Tax Alerts

Provincial and territorial budgets:

Ontario budget 2020-21
Ontario Finance Minister Rod Phillips tabled the province’s fiscal 2020–21 budget on 5 November 2020.

Newfoundland and Labrador budget 2020–21
Newfoundland and Labrador Finance Minister Siobhan Coady tabled the province’s fiscal 2020–21 budget on 30 September 2020.

Prince Edward Island budget 2020-21
PEI Finance Minister Darlene Compton tabled the province’s fiscal 2020–21 budget on 17 June 2020.

Saskatchewan budget 2020-21
Saskatchewan Finance Minister Donna Harpauer tabled the province’s fiscal 2020—21 budget on 15 June 2020.

Manitoba budget 2020-21
Manitoba Finance Minister Scott Fielding tabled the province’s fiscal 2020—21 budget on 19 March 2020.

New Brunswick budget 2020-21
New Brunswick Finance Minister Ernie Steeves tabled the province’s fiscal 2020—21 budget on 10 March 2020.

Quebec budget 2020-21
Quebec Finance Minister Éric Girard tabled the province’s fiscal 2020—21 budget on 10 March 2020.

Yukon budget 2020–21
Yukon Finance Minister Sandy Silver tabled the territory’s fiscal 2020—21 budget on 5 March 2020.

Alberta budget 2020-21
Alberta Finance Minister Travis Toews tabled the province’s fiscal 2020—21 budget on 27 February 2020.

Northwest Territories budget 2020–21
Northwest Territories Finance Minister Caroline Wawzonek tabled the territory’s fiscal 2020—21 budget on 25 February 2020.

Nova Scotia budget 2020–21
Nova Scotia Finance and Treasury Board Minister Karen Casey introduced the province’s fiscal 2020—21 budget on 25 February 2020.

Nunavut budget 2020-21
Nunavut Finance Minister George Hickes tabled the territory’s fiscal 2020—21 budget on 19 February 2020.

British Columbia budget 2020-21
BC Finance Minister Carole James tabled the province’s fiscal 2020—21 budget on 18 February 2020.

Tax Alerts - Canada

Tax Alerts cover significant tax news, developments and changes in legislation that affect Canadian businesses.

Learn more

Tax calculators & rates

Calculate your annual federal and provincial combined tax rate with our easy online tool.

Learn more

TaxMatters@EY

Your monthly Canadian summary of recent tax news, case developments, publications and more.

Learn more

Explore Tax Services

Featured

Managing Your Personal Taxes 2023‑24

Our latest thinking

The team

Contact Us

Like what you’ve seen? Get in touch to find out more.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.

EY | Assurance | Consulting | Strategy and Transactions | Tax

About EY

EY is a global leader in assurance, consulting, strategy and transactions, and tax services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EYG/OC/FEA no.

ED MMYY

This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.

Topics

General

People

2024 Canadian federal, provincial and territorial budgets