Taxation
Canadian Federal Budget 2024 Commentary
Canada’s Deputy Prime Minister and Finance Minister, Chrystia Freeland, unveiled the country’s 2024 federal budget
Canadian Federal Budget 2024 Commentary
April 17, 2024
Canada’s Deputy Prime Minister and Finance Minister, Chrystia Freeland, unveiled the country’s 2024 federal budget on April 16, 2024. This budget centers around critical tax
Canadians Considering Buying U.S. Investment Property
April 8, 2024
In recent years, Canadians have been bullish on the real estate market south of the border. Whether U.S. property is purchased for rental or strictly
Proposed Changes to the Underused Housing Tax
March 19, 2024
The government introduced a national, annual 1% tax on the value of non-resident, non-Canadian owned residential real estate that is considered to be vacant or
2023 Personal Tax Planning Tips
March 7, 2024
Welcome to tax season! It’s time to prepare for filing your 2023 tax return. To help you get organized, we’ve put together a checklist to
Due Diligence: An Overview
February 27, 2024
Due Diligence (“DD”) is a critical step in the process of purchasing a business. It typically involves procedures to assess the Quality of Earnings (“QoE”),
Vacant Home Tax: Reminder for Toronto homeowners
February 20, 2024
In 2022, the Vacant Home Tax (the “VHT”) went into force to levy tax on residential properties in Toronto that are considered vacant. The newly
Is This the End of Capital Gain Strips?
October 24, 2023
Are you an owner of a corporation that needs to access corporate funds to pay for a major purchase or investment in the near future? If so, you should act quick as the upcoming changes to the income tax rules may render certain surplus distribution options obsolete starting January 1, 2024.
Underused Housing Tax: Remember to File by October 31, 2023
September 19, 2023
The Underused Housing Tax (“UHT”) came into effect on January 1, 2022.
When Lifestyle Exceeds Income
August 15, 2023
There is always that person or neighbour who seemingly earns a modest paycheck though spends extravagantly.
