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Budget 2017 bad news for lawyers, other professionals

Wednesday, March 22, 2017 @ 7:13 PM | By Cristin Schmitz

Federal Budget 2017 is a mixed offering to justice system players, with Ottawa abruptly ending a tax advantage for lawyers, while announcing new funding for 28 additional judicial posts, as well as minor increases to support family justice, the Canadian Judicial Council (CJC) and the Federal Courts.

Kim MoodyWithout consulting with the bar or the other five professions (doctors, accountants, vets, dentists and chiropractors) who have been allowed to use the “billed-basis” accounting method since 1983 (rather than the usual “accrual” accounting method), the government proposes...