Budget 2024 – Fairness for every generation
The following questions and answers are based on a proposed measure that was announced in the 2024 budget on April 16, 2024. Please note that this measure will not become law until it has received Royal Assent.
The CRA will continue to communicate tax changes through its website, its forms and publications, its phone enquiries services and other communication channels, as the information becomes available.
In the meantime, please consult the website of the Department of Finance Canada to find out more.