Registered Retirement Savings Plan (RRSP) is often seen as an almost impregnable vault – something you break open only at great risk and with big penalties. In fact, your RRSP can be used as a source of tax-free funds under a couple of government approved plans,

On Thursday, November 4, 2021, the Ontario Government released its Fall Economic Statement. In the section entitled "Property Tax Stability and Competitiveness,"...

On Nov. 16, 2015, I wrote about the ongoing saga regarding subsection 104(13.4) and some good news that was released by the Department of Finance.

When claims are settled with minors it is generally a condition that plaintiffs' counsel apply for Court approval of the settlement to ensure it is binding on the minor

The Minister of Finance previously released draft legislation to require the disclosure of certain information on each trustee, beneficiary, settlor and protector of a trust, subject to limited exceptions.

Despite wide speculation of significant changes, no substantive revisions were included in the Canada Revenue Agency's ("CRA") long-awaited updated information circular ("IC") on its voluntary disclosures program ("VDP").

Today, The Minister of Finance, Hon. Charles Sousa, of the newly re-elected Liberal government, tabled a new budget. In the recent document, there are no substantial changes from the budget previously released on May 1, 2014.

Further to our article regarding Canada's COVID-19 Economic Response Plan regarding Taxation, the following is a summary of the Government of Canada's ...

We previously reported that on March 25, 2020, the Ontario government announced that it had postponed the planned Province-wide property tax re-assessment, which was supposed to take place at the...

Please note that as of July 1, 2018, the Vacant Unit Rebate Program in Toronto has been discontinued.

On October 18, 2017, the Federal Government announced that it will move forward with proposals to limit the tax deferral opportunities related to passive investments held by private corporations.

On March 13, 2020, the Supreme Court of Canada released its decision in MacDonald v. The Queen 2020 SCC 6...

Éric Lévesque and Frank Mathieu, partners in the Tax Group, demystify tax matters for non-tax specialists in this seminar. (1 hour, 1 minute)

Marie-Andrée Beaudry et Pierre-Louis Le Saunier discutent des exigences qui encadrent les transferts de biens avec report d'impôt, ainsi que de la correction d'erreurs dans un contrat.

Planning for retirement? Take control of your financial future. Most Canadians over 65 are eligible to receive an Old Age Security (OAS) pension. But there's a catch.

In Zomaron Inc. v. The Queen, 2020 TCC 35, the Tax Court of Canada (TCC) held that the services supplied by a company consisted of a single compound supply under the Excise Tax Act (the Act).

In our latest instalment of the Tax Litigation Video Series, Stephanie D'Amico explains director liability and what to do when faced with a director liability assessment from the CRA.

How long should you keep your business' books and records for?

Has the CRA contacted you by phone to advise you of an upcoming audit? In the latest instalment of our Tax Litigation Video Series, Louise Summerhill shares important information on what to do if the CRA notifies...

Tax Topics: Part 2 - Shareholders Agreements, The Act, And The Non-Specialist Advisor - The Impact Of Control