Fall Economic Statement Implementation Act, 2023
Fall Economic Statement Implementation Act, 2023. Royal assent June 20, 2024 (S.C. 2024, c. 15). Implements the November 2023 Fall Economic Statement, including: GST/HST removal from psychotherapy and counselling-therapy services, the digital-services tax (3% on revenue from large digital platforms operating in Canada), Canada Recovery Dividend reforms, expanded GST rental rebate criteria, and the federal Housing Accelerator Fund framework. Sponsored by Chrystia Freeland as Minister of Finance. (44-1 duplicate code; see C-59 for full editorial.)
Status
Quick learn
Made the November 2023 federal economic update into law. Big-ticket pieces: federal money to cities to fast-track housing, GST removed on newly built rental apartments, and tougher rules on grocery competition and digital services.
Issues this bill touches
- Tax & Fiscal Policy
FES 2023 Implementation Act (44-1 alt).
Legislative history
- Introduced
Tabled in the originating chamber by the sponsor.
View source - Royal assent
Approved by both chambers and granted royal assent; now law.
View source
Sponsored by
Chrystia FreelandLIBERALOfficial source
Read full text on Parliament of Canada