March 14, 2019
The Old Age Security program is the only aspect of Canada’s retirement income system which does not require a direct contribution from recipients of program benefits. […]
March 14, 2019
Each year, the Canada Revenue Agency (CRA) publishes a statistical summary of the tax filing patterns of Canadians during the previous filing season. Those statistics for […]
March 14, 2019
For many years now, there has been a persistent tax scam operating in Canada in which Canadians are contacted, usually by phone, by someone who falsely […]
March 14, 2019
While Canadian taxpayers must prepare and file the same form – the T1 Income Tax and Benefit Return – every spring, that return form is never […]
February 17, 2019
The fact that debt levels of Canadian households have been increasing over the past decade and a half can’t really be called news anymore. In particular, […]
February 17, 2019
Sometime during the month of February, millions of Canadians will receive mail from the Canada Revenue Agency (CRA). That mail, a “Tax Instalment Reminder”, will set […]
February 17, 2019
For most taxpayers, the annual deadline for making an RRSP contribution comes at a very inconvenient time. At the end of February, many Canadians are still […]
February 17, 2019
Income tax is a big-ticket item for most retired Canadians. Especially for those who are no longer paying a mortgage, the annual tax bill may be […]
January 17, 2019
The following tax changes are in effect January 1, 2019. Federal The small business income tax rate will be reduced from 10% to 9% effective as […]