Liberal tax promise tracker: Bill C-15 edition [Investment Executive - News]
Manulife Financial Corporation (MFC)
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Source: Investment Executive - News
With legislation moving forward after a long hiatus, here's the status of major Liberal tax promises for individuals and businesses since our last check-in Bill C-15, a 638-page omnibus bill that includes measures from Budget 2025 or earlier, passed third reading in the House of Commons last month and is thus substantively enacted for financial reporting purposes. Among the backlog of tax measures in the bill, a “big” one, said Hemal Balsara, head of tax, retirement and estate planning, individual insurance, with Manulife Financial Corp. in Toronto, is the loss carryback extension for graduated rate estates (GREs). The measure was in draft legislation when Parliament was prorogued last year, introducing some uncertainty about the rule change passing into law, Balsara said. “The good news is it was included as … part of Bill C-15.” Extended period for loss carryback strategy. Given technical amendments in the bill that are retroactive to Aug. 12, 2024, a GRE can carry back a cap
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- 2/11/26 - Beat
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Sec Filings
- 2/20/26 - Form 6-K
- 2/13/26 - Form 13F-NT
- 2/12/26 - Form 6-K
- MFC's page on the SEC website