Tax News

Budget pulls tax levers to drive low-carbon shift

Government cuts fossil-fuel credits, offers new credits for critical mineral, carbon capture development

By James Langton |April 8, 2022

3 min read

Feds set bank, insurer surtax at 1.5% for profits over $100M

Financial institutions will also have to pay a one-time Canada Recovery Dividend on 2021 taxable income over $1B

By Melissa Shin |April 8, 2022

2 min read

New home savings account a “substantial” measure for new buyers

CIBC's Jamie Golombek breaks down how the new account will work

By Daniel Calabretta |April 8, 2022

2 min read

Feds propose anti-flipping tax to cool housing prices

Profits on sale of residential property held for less than 12 months would be taxed as business income

By Rudy Mezzetta |April 7, 2022

3 min read