News and resources for Canada's top financial advisors
Tax News
Explaining a poorly understood mechanism
By Lea Koiv |September 22, 2017
11 min read
Industry
88% of business owners indicate that the proposed changes will make it more difficult for their small business to grow and create jobs.
By Staff |September 21, 2017
2 min read
A reader wrote to ask about this principal residence exemption-related income tax folio, which states: 2.13 For a property to be a taxpayer’s principal residence for a particular year, he or she must designate it as such for the year and no other property may have been so designated by the taxpayer for the year. […]
By Staff |September 20, 2017
Most Saskatchewan voters — 73% — oppose the government’s decision to add PST to a range of insurance products, reveals a poll conducted by Maple Leaf Strategies on behalf of Advocis. Read: Tax on insurance premiums in Saskatchewan coming soon Further, 77% say taxing insurance is “unfair,” and 73% say the tax will cause people […]
By Staff |September 18, 2017
1 min read
The results will surprise you: it’s not the usual suspects.
By Simon Doyle |September 12, 2017
3 min read
Economic Indicators
British Columbia’s minority New Democrat government says it is starting to build the province all residents want, tabling a budget update that promises to hire 3,500 teachers and build rental units and homes for the homeless — while hiking taxes at the top end. The budget includes tax measures that lowers the corporate income tax […]
By Staff, with files from The Canadian Press |September 12, 2017
4 min read
Frequent trading in a TFSA could be deemed carrying on a business
September 7, 2017
The annual CRA roundtable at the Society of Trust and Estate Society Practitioners (STEP) National Conference allows attendees to hear directly from agency representatives about tax policy and administration. This year’s roundtable, held June 13, revealed that CRA had collected $75 million to date as a result of TFSA audits. The roundtable also covered dual […]
By Staff |September 5, 2017
The Canada Revenue Agency is going to offer more services to rural communities
Estate Planning
5 things clients can do right away
By Nathalie Boutet |September 1, 2017
5 min read
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.