On June 6, the newly elected Conservative majority government reintroduced the Budget it had first tabled on March 22, 2011. As expected, there are no substantive changes to the Budget. However, there are two new measures. The June Budget provides for $2.2 billion in support of the conclusion of a satisfactory agreement between Canada and Quebec on sales tax harmonization. In addition, the Government is gradually eliminating the $2 per vote subsidy paid to Canada’s political parties. The Budget also indicated that the federal government will ask the House of Commons Standing Committee on Finance to undertake a study of charitable donation incentives.

Click here to view a summary of the Budget Highlights previously distributed on March 22, 2011.