Quebec’s Budget 2020-2021 was delivered by Minister of Finance Eric Girard on 10 March 2020. With respect to taxation, some of the key measures of the budget include new incentives, summarized as follows.
Investment and Innovation Tax Credit (C3i)
One of the main measures is the introduction of a new investment and innovation tax credit (C3i). The C3i tax credit benefits businesses in all sectors of activity, particularly the manufacturing and services sectors, for acquisitions made afte…