Tax

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

Economic Indicators

Ontario Tory candidates united against minimum wage hike, carbon tax

A Progressive Conservative government in Ontario would not implement a planned minimum wage increase next year

By Paola Loriggio and Shawn Jeffords, The Canadian Press |February 16, 2018

4 min read

Economic Indicators

Why U.S. corporate earnings could boom in 2018

Three factors that are driving U.S. corporate earnings trends

By Jessica Bruno |February 15, 2018

3 min read

Tax News

CRA conducts Panama Papers searches in multiple Canadian cities

CRA has executed three search warrants in a criminal investigation of offshore tax evasion. Read: Remind clients to report offshore investments The search warrants took place on Feb. 14, 2018, during an investigation related to the data leak from the Panamanian law firm and corporate service provider Mossack Fonseca, says CRA in a release. About […]

By Staff |February 14, 2018

2 min read

Common tax benefits and credits for seniors

As tax season approaches, CRA is reminding seniors to make the most of the benefits and credits for which they’re eligible. Read: Essential tax numbers: updated for 2018 Here are some of the most common things seniors could claim on their tax returns: Read: Pension splitting: special rules and planning opportunities Read: How DTC eligibility […]

By Staff |February 14, 2018

3 min read

CEO optimism hits record high, while small business takes feds to task

A record-breaking 88% of Canadian CEOs are optimistic about their companies’ prospects for revenue growth, and 72% believe global economic growth will improve over the next 12 months, finds PwC’s CEO survey. Despite NAFTA concerns, 88% of Canadian CEOs say they still consider the U.S. a top choice for growth, followed by China (53%), the […]

By Staff |February 12, 2018

3 min read

Electronic tax filing reduced to 9 weeks

Clients might want to get a head start on their 2017 taxes. That’s because this year’s window to file taxes is the shortest in electronic filing history, notes H&R Block Canada in a release. “This year, the Canada Revenue Agency (CRA) will open its e-filing the latest it has ever opened since its introduction in […]

By Staff |January 31, 2018

1 min read

Tax

Morneau hints at budget clarification on passive income rules

Ontario Tory candidates united against minimum wage hike, carbon tax

Why U.S. corporate earnings could boom in 2018

CRA conducts Panama Papers searches in multiple Canadian cities

Common tax benefits and credits for seniors

CEO optimism hits record high, while small business takes feds to task

Tax tips when a loved one dies

Tax questions for business owners in 2018

How the new U.S. tax law complicates life for U.S. business owners

Electronic tax filing reduced to 9 weeks