On 8 July 2021, Canada published the Budget Implementation Act, 2021, No. 1, which received royal assent on 29 June 2021 and provides for the implementation of certain measures proposed as part of the Budget 2021. As provided in the included summary, part 1 of the legislation implements certain income tax measures by:
- providing relieving measures in connection with COVID-19 in respect of the use by an employee of an employer-provided automobile for the 2020 and 2021 taxation years;
- limiting…