Tax

May 7, 2025

Beware of the tax rules for principal residences if you own a large lot

By Tim Cestnick Last week my wife Carolyn travelled to our cottage and discovered trouble. She turned the water on and noticed a leak, so she […]
May 7, 2025

Post-election changes to your taxes: What you need to know

By Christopher Liew With the Liberals securing a victory, key tax issues are expected to remain a major focus. Incumbent Prime Minister Mark Carney has pledged to […]
May 7, 2025

More Canadians are ‘underwater’ on their vehicles and may have no idea about it

By Gabriel Friedman In the first quarter, the number of people who were underwater, or had negative equity in a vehicle — meaning the value of their […]
April 20, 2025

What tax changes are being proposed on the campaign trail?

Tim Cestnick Special to The Globe and Mail I love April. Spring is almost here, the NHL and NBA playoffs begin, baseball is in full swing, […]
March 10, 2025

The 2025 tax season is underway. Here are the new credits and refunds — and why some filers may want to ‘take it slower’

Here’s why you might want to consider being a little slower filing your taxes — and the new tax credits and refunds for which you may […]
March 3, 2025

CRA wins case against remote worker who claimed $67,000 in moving expenses

Jamie Golombek: You can claim these expenses if you work at home but for professional not personal reasons Author of the article: Jamie Golombek Tax season is […]
January 18, 2025

Matthew Lau: CRA hates everyone, not just Leafs and Jays

Collecting taxes Parliament may never approve and going after athletes’ signing bonuses doesn’t help bring stars to Canada. Thanks to the overzealous Canada Revenue Agency (CRA), hockey players […]
January 18, 2025

Capital gains tax uncertainty leaves taxpayers facing two unappealing options

Prime Minister Justin Trudeau’s announcement that he will resign and prorogue Parliament heightens the uncertainty around the fate of the capital gains tax changes, with affected taxpayers potentially […]
December 14, 2024

Opinion: CRA loss in former Blue Jays tax case a win for Canadian sport fans

Ruling will help avoid discouraging athletes from wanting to play in Canada The ruling by the Tax Court of Canada involves a form of pension plan called […]