Budget Implementation Act, 2008 (S.C. 2008, c. 28)
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Act current to 2012-05-02 and last amended on 2010-10-20. Previous Versions
Budget Implementation Act, 2008
S.C. 2008, c. 28
Assented to 2008-06-18
An Act to implement certain provisions of the budget tabled in Parliament on February 26, 2008 and to enact provisions to preserve the fiscal plan set out in that budget
Preamble
Whereas, when the Government of Canada tables a budget in Parliament, a fiscal plan is an integral part of that budget;
Whereas the Government of Canada is committed to meeting the challenge of global economic uncertainty with a responsible, prudent and effective fiscal plan as reflected in the Budget Plan tabled in Parliament on February 26, 2008;
Whereas it is imperative to preserve the fiscal integrity of that Budget Plan and the integrity of the budget process, and important not to risk the Government of Canada going into deficit;
And whereas it is expedient to implement certain provisions of that Budget Plan;
Now, therefore, Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:
SHORT TITLE
Marginal note:Short title
1. This Act may be cited as the Budget Implementation Act, 2008.
PART 1
AMENDMENTS RELATED TO INCOME TAX
Income Tax Act
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