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% […]
The Canadian government has postponed the implementation of proposed changes to the capital gains tax until January 1, 2026. Initially introduced in April 2024, these changes […]
Trump’s Reciprocal Tariffs Could Disrupt Established Trade Policies: Tariff Matching Strategy The idea behind reciprocal tariffs is that if a country imposes a higher tariff on […]
To account for inflation, federal income tax brackets have been adjusted for the 2025 tax year. The new brackets are as follows. The provincial tax rates […]