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To boost business investment, enhance certainty and simplicity for businesses, and strengthen Canada’s tax competitiveness, the Government of Canada proposes to implement the Productivity Mega Deduction, which will provide immediate expensing for a broad-based range of depreciable property on a permanent basis.
The Province of British Columbia has announced one of the most significant Provincial Sales Tax (PST) changes in recent years. Beginning October 1, 2026, PST will apply to several professional services that have historically been exempt from the tax. These changes will affect both businesses that provide these services and businesses that purchase them.
On November 4th, 2025, the Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, presented Budget 2025 – Canada Strong to the House of Commons.
Starting May 12th, 2025, the Canada Revenue Agency (CRA) will transition to online mail as the default method of delivering most business correspondence.
The federal government has confirmed that it’s reversing course on increases to the capital gains tax first announced in the last federal budget.
Starting in spring 2025, the Canada Revenue Agency (CRA) will transition to online mail as the default method of delivering most business correspondence.
The Canadian government announced a GST/HST break on a wide range of groceries, holiday essentials, and more for a two-month period.
We want to keep you informed of an important update from the Canada Revenue Agency (CRA) this week regarding trust reporting requirements for the 2024
The Canada Revenue Agency (CRA) has identified that some trusts that filed their 2023 returns with T3SCH15, Beneficial Ownership Information of a Trust, have been
On April 16th, 2024, the Deputy Prime Minister and Finance Minister, the Honourable Chrystia Freeland, presented Budget 2024, titled “Fairness for Every Generation” to the
