Canada's Federal Budget 2017 was tabled by Finance Minister Bill Morneau on 22 March 2017. The business related tax measures proposed in the Budget include:
- Measures related to investment fund mergers, including:
- Extending the mutual fund merger rules to facilitate the reorganization of a mutual fund corporation that is structured as a switch corporation into multiple mutual fund trusts on a tax-deferred basis;
- Allowing insurers to effect tax-deferred mergers of segregated funds and allowin…