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Recent trade and tariff developments are creating new challenges for Canadian businesses across industries.
Prime Minister Mark Carney announces support for Canada’s lumber industry citing heavy reliance on US exports and vulnerability to trade policies.
Business owners and investors can use tools like estate freezes to navigate market volatility, boosting security and certainty in uncertain economies.
February 20, 2018, Finance Minister Carole James tabled British Columbia’s 2018–19 budget. It outlines an overall plan to increase affordability for residents of BC, with a primary focus on the need for affordable housing solutions and the demand for more affordable, available childcare.
With the federal government's 2018 budget expected to be released early next week—on Tuesday February 27, 2018—Doane Grant Thornton LLP summarizes what Canadian may expect to see in it.
In the Grant Thornton Winter 2018 Agricultural Update we walk you through a tangible example of how the change could potentially affect a family farm, and explain what the “transitional provisions” really mean. We also outline the new rules surrounding the taxation of private corporations—and how these changes could dramatically impact your farm or agribusiness.
On January 30, 2018, New Brunswick Finance Minister, The Hon. Cathy Rogers, tabled the province’s 2018–19 budget. The province will continue to focus on the following three areas: health care, education and jobs.
The federal government released revised draft legislative proposals to limit the ability of owners of private corporations to lower their personal income taxes by sprinkling their income to family members who are subject to lower personal tax rates and do not directly contribute to the business.
On July 18, the Department of Finance released draft legislation proposing changes to the way private corporations are taxed.
On July 18, the Department of Finance released draft legislation proposing changes to the way private corporations are taxed. During the 75-day consultation period that followed, the government received more than 21,000 submissions—many of which expressed concerns with the new proposals.
On October 24, Finance Minister Bill Morneau tabled the 2017 Fall Economic Statement. In the statement, the government reiterated its continuing focus to invest in the economy so that it works for the middle class and those working to join it.
