Relief Measures: The Government of Canada has announced extensions and new relief measures to support Canadian businesses impacted by U.S. surtaxes: Exemption extension: U.S. goods used […]

The Canada Revenue Agency (CRA) has launched a 100-day plan to address recent service challenges and improve how Canadians access support. The initiative focuses on reducing […]

The federal government under PM Mark Carney has selected several large projects (mines, ports, a small modular nuclear reactor, expanding LNG Canada, etc.) to be sped […]

Several provinces have announced their own changes: British Columbia – The Interactive Digital Media Tax Credit is being increased from 17.5% to 25%, effective September 2025, […]

The federal lowest income tax rate is cut from 15% to 14%, affecting taxable income up to C$57,375  . For 2025, mid-year implementation brings an effective […]

With Mark Carney and the Liberals returning to power, tax policy is set to remain a top priority. Promises are aimed at easing the cost of […]

CRA wins case against remote worker who claimed $67,000 in moving expenses This case revolves around an Ontario taxpayer who, in her 2021 tax return, claimed […]

In 2024, Canadians achieved a new milestone in their Tax-Free Savings Accounts (TFSAs), with average balances reaching an all-time high of $44,987. This represents an 8% […]