Financial Measures (2014) Act Introduced

Finance and Treasury Board Minister Diana Whalen introduced the Financial Measures (2014) Act today, April 23, which puts into law tax changes from the 2014-15 Budget.

The Financial Measures (2014) Act provides legislative authority for budget measures and is a routine part of the budget process.

Included in the budget measures are the previously announced elimination of the Graduate Retention Rebate and the provision to repeal the legislation to lower the provincial portion of the harmonized sales tax in 2014 and 2015.