Skip to Main Content
  • CIBC.com
  • CIBC Private Wealth
  • CIBC Websites
Client Login
  • Home
  • Our Team
  • Commentary
    • Blog
    • Video
    • Market insights
  • Services
    • Our solutions
    • Advisor Managed Account
    • Community
  • Commonly asked questions
  • Contact us
  • CIBC.com
  • CIBC Private Wealth
  • CIBC Websites
  • Client Login
 CIBC Private Wealth, Wood Gundy  CIBC Private Wealth, Wood Gundy

Cacic Wealth Management

  • Home
  • Our Team
  • Commentary
    • Blog
    • Video
    • Market insights
  • Services
    • Our solutions
    • Advisor Managed Account
    • Community
  • Commonly asked questions
  • Contact us

Blog

Address 500 Centre Street SE 27th Floor Calgary AB, T2G 1A6
Telephone Number (403) 508-3230
Email Email us
Email Email
Telephone Number Tel

Milan Cacic

April 08, 2022

Money Economy Women & wealth Commentary Quarterly update In the news News Trending Weekly update Weekly commentary
Facebook
LinkedIn
Twitter

2022 FEDERAL BUDGET HIGHLIGHTS

Below are the highlights of the 2022 federal budget. Two things that jump out are no changes in the personal tax rates or capital gain inclusion rates. However, they did comment that the top 1% are not paying their fair share and will come out with an update in the fall regarding alternative minimum tax.

Measures for individuals

  • A Tax-Free First Home Savings Account (FHSA)
  • Doubling the First-Time Home Buyers’ Tax Credit
  • Multigenerational Home Renovation Tax Credit
  • Ban on Foreign Investment in Canadian Housing
  • Property Flippers Pay Their Fair Share
  • Dental Care for Canadians
  • Making the Switch to Zero-Emission Vehicles (ZEVs) More Affordable
  • Next Steps Towards a Minimum Tax for High Earners

Measures for Business

  • Cutting Taxes for Canada’s Growing Small Businesses
  • The introduction of a new 30 per cent tax credit for Critical Mineral Exploration
  • Employee Ownership Trusts
  • Investment Tax Credit for Carbon Capture, Utilization, and Storage (CCUS)
  • Preventing the Use of Foreign Corporations to Avoid Canadian Tax

Below, I have also attached two pieces from CIBC that dig deeper into the highlights above.

  • 2022 Federal Budget
  • 2022 CANADIAN FEDERAL BUDGET

As always if you have any questions please feel free to give us a call anytime.

 

Have a great weekend.

 

Milan

Related posts

Milan Cacic

July 11, 2025

CHAPS, CHARTS, AND CHARGING BULLS

Read more

Milan Cacic

June 27, 2025

THE MARKET IS VOLATILE - BUT OUR STRATEGY ISN’T

Read more
 
 
  • Rates
  • FAQ
  • Agreements
  • Trademarks & Disclaimers
  • Privacy & Security
  • CIRO AdvisorReport
  • Accessibility at CIBC
  • Manage Cookie Preferences
  • Cookie Policy
 Canadian Investment Regulatory Organization  Canadian Investor Protection Fund

CIBC Private Wealth” consists of services provided by CIBC and certain of its subsidiaries through CIBC Private Banking; CIBC Private Investment Counsel, a division of CIBC Asset Management Inc. (“CAM”); CIBC Trust Corporation; and CIBC Wood Gundy, a division of CIBC World Markets Inc. (“WMI”). CIBC Private Banking provides solutions from CIBC Investor Services Inc. (“ISI”), CAM and credit products. CIBC Private Wealth services are available to qualified individuals. Insurance services are only available through CIBC Wood Gundy Financial Services Inc. In Quebec, insurance services are only available through CIBC Wood Gundy Financial Services (Quebec) Inc.


CIBC Private Wealth services are available to qualified individuals. The CIBC logo and “CIBC Private Wealth” are trademarks of CIBC, used under license.