Canada proposes implementing immediate expensing of investments in most types of capital assets for businesses in Canada.
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Dealerships offering financing or leasing must comply with new AML/ATF rules or risk penalities.
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Finance Minister Jill Burridge tabled Prince Edward Island's budget (PEI Budget 2025) for the 2025-26 fiscal year on April 10, 2025.
Finance Minister Siobhan Coady tabled Newfoundland and Labrador's budget (NL Budget 2025) for the 2025-26 fiscal year on April 9, 2025.
Our client—a not-for-profit organization—recognized they would benefit from having an end-to-end technology strategy to help guide the future of the organization. Key people across the organization identified processes that were inefficient and slowed employees’ productivity.
Despite Parliament being prorogued and subsequently dissolved, the CRA has confirmed that it will continue to administer the proposed increase to the lifetime capital gains exemption to $1.25 million retroactively, effective June 25, 2024.
The 2024 federal budget proposed an increase of the capital gains inclusion rate to 66.67% effective June 25, 2024, amongst other measures. However, given the prorogation of parliament between January 6 and March 24, 2025, the future of this proposed change has been uncertain.
Succession planning for family businesses to ensure a seamless business transition while preserving family legacy.