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2023 tax credit for medical expenses

For the 2023 tax year, Canadian taxpayers could be entitled to a tax credit ranging from 4% to 20% for medical expenses incurred for themselves or their dependants. This credit is subject to certain conditions and depends on the province or territory of residence.

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Salary increases for 2024: Canadian budget forecasts remain stable since summer

In late 2023, more than 430 organizations across Canada took part in Normandin Beaudry’s Salary Increase Pulse Survey.

As inflationary pressure slowly tapers off and the labour market begins to balance out, the survey sought to confirm the 2024 salary forecasts established by the organizations last summer.

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Municipal and university sectors
Regulatory reform of defined benefit pension plan funding

On January 23, the Government of Quebec adopted the Regulation respecting the funding of defined-benefit pension plans of the municipal and university sectors (Regulation). The Regulation will come into force on February 22, 2024, and amendments will apply for actuarial valuations as at December 31, 2023.

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Investment Consulting



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