Tax News

Federal government posts $4.3-billion deficit between April and August this year

Public debt charges grew by $4.1 billion, or 27.7%, largely due to higher interest rates

By The Canadian Press |October 27, 2023

1 min read

CRA to charge 10% interest on tax owing

The prescribed rate is set to rise in Q1 2024

By Rudy Mezzetta |October 25, 2023

2 min read

Fraser says housing measures coming in budget update, weighs in on short-term rentals

Federal minister says there will be measures to address "the financialization of housing"

By Nojoud Al Mallees, The Canadian Press |October 23, 2023

2 min read

Inflation to trigger another rise in TFSA limit

Next year’s contribution amount can be calculated using CPI data released Tuesday

By Rudy Mezzetta |October 17, 2023

2 min read