Tax

September 1, 2024

The maximum CPP pension future retirees could get is about to start changing in a big way

The maximum Old Age Security pension you can get in a given year is the same whether you retired recently or many years ago. The same is not […]
August 23, 2024

How to Qualify for a Mortgage in 2024

How to Qualify for a Mortgage in 2024 Buying a home or condo is exciting, but it can also be overwhelming. There are tons of things […]
August 21, 2024

New rules for reporting bare trusts will spare a lot of families – why didn’t the government go this route to begin with?

New rules for reporting bare trusts will spare a lot of families – why didn’t the government go this route to begin with? There will be […]
August 21, 2024

Ottawa has softened its capital-gains tax hike. But it’s still not enough

Ottawa has softened its capital-gains tax hike. But it’s still not enough Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks about changes to the […]
December 5, 2023

CRA admits it paid out $63M in ‘sham’ tax refund scheme

$1.1B identified in carousel frauds, agency says The Canada Revenue Agency says funds were wired overseas by participants in a scheme that deprived the treasury of […]
November 30, 2023

Size of TFSA contribution limit rises for 2nd year in a row

Canadians will again be able to put more into their tax-free savings accounts in 2024, according to Finance Canada. The department confirmed in a statement to […]
November 2, 2023

Underused Housing Tax penalties could spook many homeowners on Oct. 31

Canadians’ tax burden isn’t actually that high. But it tilts toward income taxes levied at steep rates. Using the GST more would help Do you think […]
October 31, 2023

Opinion: We’re not being taxed to death — it just feels that way

Canadians’ tax burden isn’t actually that high. But it tilts toward income taxes levied at steep rates. Using the GST more would help Do you think […]
October 3, 2023

Canadians Can Receive Financial Payments From These Federal Benefits & Credits In October

Canadians Can Receive Financial Payments From These Federal Benefits & Credits In October he Government of Canada has a number of benefits, payments and credits that will be sent out […]