Sunset over Parliament building

Federal and Provincial Budget Highlights

Access 2024 Budget Updates

Annually, tax laws can shift with federal and provincial budgets, affecting Canadians and their businesses. Stay ahead with MNP's dynamic updates on informed tax planning, corporate structuring, and investment considerations.

parliament of Canada seen from across the Ottawa river in winter

Unleashing Canada’s potential – recommendations to the House of Commons

MNP’s Am Lidder, Senior Vice President of Tax Services, and Kim Drever, Regional Tax Leader, Edmonton, presented policy considerations to the House of Commons to help drive Canada’s economic recovery.

2024 Federal Budget Highlights

Deputy Prime Minister and Minister of Finance the Honourable Chrystia Freeland tabled the federal government’s 2024 budget on April 16, 2024. Highlights include:

  • Increase to the capital gains inclusion rate for gains realized on or after June 25, 2024
  • Increase to the Lifetime Capital Gains Exemption to $1.25 million
  • Tax measures intended to encourage housing construction and affordability 

View Federal Budget Summary

Contact our Tax Services Team

Am Lidder FCPA, FCA

Senior Vice President, Tax Services

Amanjit (Am) is MNP’s Senior Vice President, Tax Services. As the leader of MNP’s Tax Services and a member of the firm’s management team, she is responsible for the strategic direction, guidance, and leadership of the national tax service line across the firm. Within her role as Senior Vice President, Tax Services, Am chairs MNP’s Tax Executive Committee. She is also a member of the firm’s Compensation Committee.

In her previous role as the firm’s Regional Tax Leader, Am provided a wide range of tax planning and compliance services to mid-sized organizations and their shareholders. Working one-on-one with clients, she delivered effective advice and strategies for corporate and personal tax planning, estate and succession planning and corporate reorganizations, as well as merger and acquisition planning.

Am is often included as a tax expert in House of Commons Standing Committee of Finance and Standing Senate Committee on National Finance hearings. She has presented at many tax conferences hosted by CPA Canada, the Canadian Tax Foundation, and Canadian Institute of Chartered Accountants. Am previously served on the CPA Canada Education Committee, Advisory and Planning Committee for CPA Canada’s National Conference on Income Taxes, and Canadian Tax Foundation British Columbia Tax Conference Program Committee. Am is an active member of CPA Canada’s Tax Advisory Committee.

Am earned a Bachelor of Commerce (BComm) from the University of Northern British Columbia in 1998. She is a Chartered Professional Accountant (CPA), qualifying as a Chartered Accountant (CA) in 2001. In 2023, Am was awarded the fellowship designation (FCPA, FCA) for her outstanding commitment to her profession and community.