The federal government is set to release its budget tomorrow and KPMG expects it to be challenging.
KPMG deliverers Audit, Tax, and Advisory services.
Partner Luann Jones-Foster says there are a lot of factors to take into account.
Those factors include the environment, the deficit and the US tax reform.
Jones-Foster says those factors might impact Canada’s competitiveness.
She expects the federal government to focus more on innovation, something she says is “exactly what Canada needs”.
Jones-Foster expects the federal government to look more towards targeted funding for research and development, as opposed to a research and development tax credit through the income tax return process.
