Budget

Economic Indicators

C.D. Howe calls for end of small biz deduction in shadow budget

It also calls for lower personal tax rates and changes to retirement-savings programs.

By Staff |February 23, 2018

4 min read

Tax News

Tax financial transactions, close loopholes, CCPA says in alternative budget

With the federal budget only a few days away, think tank Canadian Centre for Policy Alternatives (CCPA) is calling on the Liberal government to tax financial transactions, inheritances and capital gains at higher rates. “Closing unfair and ineffective tax loopholes (or tax expenditures), while making the tax system simpler and fairer, could raise $18 billion […]

By Staff |February 22, 2018

2 min read

Industry

Morneau hints at budget clarification on passive income rules

Liberals won't be "impulsive" in response to U.S. tax cuts

By Staff, with files from The Canadian Press |February 16, 2018

2 min read

Industry

Consumer spending continues to climb

Both credit card and debit card usage were up in Q4 2017.

By Staff |January 23, 2018

2 min read

Tax system requires review: CPA survey

It’s time for a review of Canada’s tax system, says a survey of chartered professional accountants (CPAs). The latest CPA Canada business monitor (Q4 2017) shows that a majority (71%) agrees Canada needs a comprehensive review of its tax system. CPA Canada has been a proponent of a tax system review to reduce complexity, ensure […]

By Staff |January 15, 2018

2 min read

Clients equate budgets with stress

Helping clients stick to their budgets could prove challenging because many perceive budgets negatively, reveals a survey by Meridian Credit Union. Despite understanding the upside of cash-flow planning, 44% of Ontarians with budgets say budgeting causes too much stress. And 39% admit they tend to avoid dealing with their financial situations. Perhaps a contributing factor […]

By Staff |November 27, 2017

1 min read

Working Canadians fail at this basic financial task

Your client might struggle to meet his monthly budget — if he has one, that is. Newly released results from a Canadian Payroll Association (CPA) survey reveal that only 52% of those polled say they budget frequently. Of those, 31% say they keep their budgets in their heads — probably not the best strategy for […]

By Staff |November 6, 2017

1 min read

Budget

C.D. Howe calls for end of small biz deduction in shadow budget

Tax financial transactions, close loopholes, CCPA says in alternative budget

Morneau hints at budget clarification on passive income rules

Consumer spending continues to climb

Tax system requires review: CPA survey

Can you make your client’s holiday wish come true?

Clients equate budgets with stress

Canadians aren’t making saving a priority: survey

Working Canadians fail at this basic financial task

Your taxes in action: Federal spending highlights