March 29, 2024
Previously, we had informed you of new trust reporting requirements for bare trusts which came into effect for 2023 (with a filing deadline of April 2, […]
March 30, 2023
Summary of changes impacting tax measures: The 2023 Canadian Federal Budget was presented March 28, 2023. A number of changes were proposed, below is a quick summary […]
February 22, 2023
Underused Housing Tax In Fall 2022, the federal government passed legislation relating to the “Underused Housing Tax,” designed to tax foreign ownership of vacant housing andthese […]
June 5, 2020
Since mid-March, the federal and provincial governments have announced the creation of numerous programs to help both individuals and Canadian businesses with the financial fallout of […]
May 5, 2020
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. […]
May 5, 2020
The past few months have been an almost perfect storm of bad financial news for Canadian retirees. The historic stock market downturn which occurred in mid-March […]
April 5, 2020
Suspension of review, audit and collection activities The Canada Revenue Agency regularly carries out review activities in which taxpayers are asked to provide documentation or other […]
April 5, 2020
Wage subsidy program for employers The federal government will be providing eligible employers who have experienced a significant decline in revenues with a wage subsidy. For […]
April 5, 2020
Changes to filing and payment deadlines for 2019 returns Individual Canadians are generally required to file their tax returns for the 2019 tax year on or […]