Canada Notice for the Introduction of a Bill to Implement Certain Budget Measures, Including Global Minimum Tax Act Amendments

Canada's Department of Finance has published the Notice of Ways and Means Motion to introduce a bill entitled A second Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025. The bill provides for the implementation of various measures, including notable amendments to the Global Minimum Tax Act. This includes several amendments consulted on earlier, such as amendments to:

• Introduce/refine key terms like "private investment entity," "recapture exception ac…