May 18, 2022

Tax Tips and Traps 138, 2022 – 2nd Quarter

Tax Tidbits Some quick points to consider… The luxury tax affecting new vehicles and aircraft retailing for more than $100,000 and new boats over $250,000 has […]
April 25, 2022

Who should worry about the wave of rate increases this year, who shouldn’t and what every stressed-out borrower should do right now

Almost four in 10 mortgage holders are going to receive a crash course in the economics of rising interest rates. A Calgary ‘land flipper’ was handed […]
April 15, 2022

What you need to know about the tax consequences of earning and spending loyalty points

If your points come from either business travel or using a personal credit card to pay for business expenses, you need to be aware of the […]
April 15, 2022

Federal Budget Commentary 2022

On April 7, 2022, the Deputy Prime Minister and Finance Minister, the HonourableChrystia Freeland, presented Budget 2022: A Plan to Grow Our Economyand Make Life More […]
April 9, 2022

Jamie Golombek: What tax changes might be coming up in the federal budget

You might want to act now on at least one of these potential changes A Calgary ‘land flipper’ was handed a 15-month conditional sentence and a […]
April 2, 2022

Calgary land flipper sentenced for evading taxes on $7.5M sale

Editor’s note: An earlier version of this story listed an incorrect amount that the parcel of land was bought for. We regret the error. A Calgary […]
April 2, 2022

Federal government to release budget on April 7

Budget expected to account for new uncertainties following the Russian invasion of Ukraine The federal government will table its next annual budget on Thursday, April 7 […]
March 25, 2022

You’ve got questions about the CRA’s principal residence exemption, we’ve got answers

Jamie Golombek: CRA’s recent crackdown on perceived abuse of the PRE has sparked a barrage of reader interest Canada Revenue Agency’s recent crackdown on perceived abuse of […]
March 21, 2022

What you need to know as the CRA cracks down on principal residence exemptions

Jamie Golombek: For a property to qualify as your principal residence, four criteria must be satisfied If you sold your principal residence in 2021, you need […]