The Canada Carbon Rebate: A Closer Look at Wealth Redistribution Under the Guise of Environmental Policy Government announces Canada Carbon Rebate amounts for 2024-25 2024-02-14 In the latest turn of fiscal policy, the federal government's announcement of the Canada Carbon…
The Underused Housing Tax (UHT), as enacted by the current government, exemplifies a misguided approach to addressing foreign property investment, wielding a sledgehammer where a scalpel would have sufficed. Ostensibly aimed at foreign owners of underused or vacant residential properties,…
Pierre Poilievre, the Leader of the Opposition, often quips that the Liberal government's tax policies are enough to drive a person to drink, jesting that even that refuge is under siege by taxes. Yet, in a surprising turn of events,…
Relationships are important to consider when you plan for taxes and your accountant is a great source for relationship advice. Relationships will determine how transactions are interpreted by the tax authorities and determine how tax accounts must be shares and…
Canada’s economic plan is helping Canadians save for a first home and building more co-op homes, faster 2023-12-05 06:12 Roundup: Canada’s economic plan is delivering for Canadians from coast to coast to coast 2023-12-01 15:00 Deputy Prime Minister highlights…
Trois-Rivières Resident Sentenced for Massive Tax Fraud Involving Fictitious Children In a startling revelation of tax fraud, the Canada Revenue Agency (CRA) has announced the sentencing of Wayne Kendall Jr. from Trois-Rivières, Quebec. On October 20, 2023, at the Trois-Rivières…
The recent proposal by the federal government targeting short-term rental owners is raising significant concerns, especially among family-owned enterprises that have relied on this market to supplement their retirement income. As a CPA and Tax Law expert, I find this…
Carbon Tax has been a hot topic in Canada lately, stirring debates and concerns, especially among family-owned businesses. While the intent behind the Carbon Tax is to encourage a shift to cleaner energy, its current implementation raises questions about its…
As a CPA and Tax Law expert, I've been closely monitoring the recent decision by the Calgary City Council to approve a 7.8% tax hike for 2024. While shifting a greater portion of the tax burden from businesses to residential…