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With the BC election near and in light of COVID-19, both the NDP and Liberal parties have proposed new Provincial Sales Tax (PST) and Speculation and Vacancy Tax initiatives.
Siobhan Coady, Minister of Finance and Deputy Premier has tabled Newfoundland and Labrador’s 2020-21 budget, which projects a deficit of $1.84 billion.
Rare decision by Tax Court of Canada ruling in favor of AgraCity Canada over transfer pricing dispute with CRA.
While the legislation (and details) around Personal Real Estate Corporations (PRECs) have yet to be released, there are a few things real estate professionals can do today to prepare.
Support for Canadian entrepreneurs comes from many sources and both the federal and provincial governments offer incentives to build and foster successful start-ups.
Finance Minister Bill Morneau has released a “fiscal snapshot” on federal spending and the overall economic impact of the COVID-19 pandemic.
In response to the COVID-19 pandemic, Canada’s provincial governments have provided measures to support the federal economic response plan. This summary outlines the business and employer programs province-by-province.
Beyond the federal measures introduced in the wake of COVID-19, Canada’s provinces are also offering a range of support to help employees and individuals navigate the ongoing pandemic. Here’s a summary of the provincial responses for employees and individuals coast to coast.