The new Liberal government announced significant changes in their budget on March 22, 2016 that affect your personal finances. Here are a few key points.
Sources: Budget highlights: www.budget.gc.ca
Crude oil prices: http://ca.investing.com/commodities/crude-oil-historical-data
Canadian/US Dollar: http://www.bankofcanada.ca/rates/exchange
This infographic is intended as a general source of information and is for illustrative purposes only. It should not be considered as personal investment advice. Every effort has been made to ensure that the material contained in this commentary is accurate at the time of publication.
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Note: Income splitting for seniors has not been affected.