

Boosting Affordable Housing: The Federal Budget’s Game-Changer for Homebuilders
On April 16, 2024, the Canadian government unveiled a new budget, prioritizing the urgent need to increase the supply of affordable housing as one of ...

Tax Filing Requirements: Sole Proprietorships v. Corporations
Whether you operate as a sole proprietorship or corporation, it is important to understand the similarities and differences between them both in terms...

Retirement Planning: Tax-Efficient Strategies for Canadians
Retirement planning is a crucial part of financial security, especially in Canada, where tax laws and retirement benefits offer unique opportunities a...

Payroll Audits in Canada: What Businesses Need to Know
Payroll audits are a critical aspect of tax compliance for businesses in Canada. These audits, conducted by the Canada Revenue Agency (CRA), ensure th...

Post-Mortem Tax Planning in Canada
Post-mortem tax planning is a critical yet often overlooked aspect of estate management in Canada. This process involves strategic planning to mitigat...

Insights from the Canadian Natural Resources Limited v Fishing Lake Métis Settlement Decision
Unveiling Legal Developments in Métis Settlement Taxation Recent legal developments have brought forth critical nuances in the legal frameworks gover...

Understanding the CRA Taxpayer Relief Program
Exploring the Taxpayer Relief Program: Eligibility, Application, and Considerations The ability to settle tax debts can be hindered by various circums...

Taxing on Vacant Property Amid a Housing Crisis. What is the Vacant Home Tax, and Will it Contribute to Solving the Housing Crisis?
On April 27, 2021, we discussed the Toronto Vacancy Tax on our website following its implementation on December 16,2020. Since then, multiple cities a...

What is the Canada Pension Plan?
The Canada Pension Plan (CPP) is a contributory social program whereby Canadian workers, employees, and self-employed individuals, contribute a percen...
