Mr. Speaker, the details of tax policy changes, including their projected fiscal impact by year, are published in the budgets and fall fiscal updates in which they were announced. These publications are available on the Department of Finance Canada website at www.canada.ca/en/department-finance/services/publications/federal-budget.html and www.canada.ca/en/department-finance/services/publications/fall-economic-statement.html. The tax annexes of these publications are comprehensive and include detailed information.
Note that annex 5 of budget 2019 includes detailed tables showing tax savings realized from tax measures undertaken from the beginning of the government’s first mandate to budget 2019 inclusive. These tables are available at the following link: www.budget.canada.ca/2019/docs/plan/anx-05-en.html#Tax-Expenditure-Review.
The government’s first tax changes were announced prior to its first budget. In the fall of 2015, the government announced a middle-class tax cut and a new top personal income tax rate of 33% for the wealthiest Canadians. The details of these changes are included in a December 7, 2015, backgrounder published on the Finance Canada website at: www.canada.ca/en/department-finance/news/2015/12/backgrounder-middle-class-tax-cut.html.
Other measures involving rate increases to taxes, duties or charges include introducing an additional tax of 1.5% of the taxable income for members of bank and life insurer groups in budget 2022; increasing the tobacco excise duty rate in budget 2021; indexing excise duty rates on alcohol products to maintain their effectiveness over time in budget 2017; and increasing the rate of the air travellers security charge in budget 2023.
The federal pollution pricing system includes a federal fuel charge that applies in certain jurisdictions. The fuel charge is revenue-neutral for the federal government, since direct proceeds are returned in the jurisdiction of origin. Fuel charge rates increase annually and are published on the Canada Revenue Agency website at www.canada.ca/en/revenue-agency/services/forms-publications/publications/fcrates/fuel-charge-rates.html#fcrts. Information on proceeds collected and returned is published in the Greenhouse Gas Pollution Pricing Act annual report.