626 results found

The standard of review of a composite assessment review board's decision to increase a property tax assessment is reasonableness, the Supreme Court of Canada recently held...

Form T1135 is the "Foreign Income Verification Statement," which must be filed on an annual basis by taxpayers (including partnerships) who own "specified foreign property" and such property has a cost of over $100,000 at any time during the year.

The sale of a capital property for an amount greater than its cost generally leads to a capital gain, 50 percent of which is taxable in Canada.

Since its adoption on March 20, 2025, Bill 86 has introduced several amendments concerning agricultural land in Québec. Among the most significant changes, municipalities have been granted new taxation powers, allowing them to impose a surtax on land designated for agricultural use and classified “suitable for cultivation but not farmed”—criteria that may give rise to numerous legal debates.

In April 2024, the Canadian federal government introduced a plan to build nearly four million new homes by 2031. To facilitate the rapid construction of these homes...

Using cryptocurrency to pay for goods or services is becoming increasingly commonplace in Canada. It is therefore no surprise that the legal treatment of cryptocurrency ...

Ontario's non-resident speculation tax applies when real property located in the greater golden horseshoe region in Ontario is purchased by a foreign entity or taxable trustee.

MC carries on a property management services business. Between 2011 and 2013, MC entered into ten contracts with the owner(s) of various Ontario residential and commercial real properties.

Une nouvelle règle fiscale concernant les reventes précipitées de biens immobiliers résidentiels est entrée en vigueur le 1er janvier dernier (la « Taxe anti-flip immobilier »).

On March 23, 2020, the B.C. Government announced a $5 billion COVID-19 Action Plan investing in the Province's people and businesses.

On April 24, 2020, the Government of Canada introduced the Canada Emergency Commercial Rent Assistance (CECRA) program. The CECRA program.

Immediate action is required for new housing sales effective February 18th, 2012. Please review the article for highlights of the necessary disclosure requirements in purchase contracts starting effective February 18th, 2012.

On April 20, 2017, the Ontario government announced that it is imposing a 15 per cent non-resident speculation tax on the purchase or acquisition of interests in residential property...

Filing your personal taxes properly is vital to avoid extra fees and to ensure you receive all deductions available for your tax return. Jennifer Mendes, Senior Manager in Kelowna, provides useful...

Canada's relatively stable economy coupled with its booming real estate market is attractive to many foreign investors.

The Federal Court of Appeal ("FCA") upheld the judicial review decision of the Federal Court ("FC") in Livaditis v. Canada Revenue Agency, disallowing the taxpayer’s request for relief under the CRA’s voluntary disclosures program ("VDP") on the basis that the taxpayer’s disclosure was not voluntary.

The Government of Canada is taking notable strides towards transforming the taxation landscape for the digital economy.