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The ON FES 2026 estimates a $16.9 billion deficit for the 2026-27 fiscal year, a significant increase from the $13.8 billion deficit projected in the 2026 budget.
Canada proposes implementing immediate expensing of investments in most types of capital assets for businesses in Canada.
Canada's condo downturn is different from past cycles. Explore the structural shifts driving the market correction and what recovery may look like.
The election of Donald J. Trump as the next US President and the Republican sweep of the House of Representatives and the Senate create the very possibility of significant US tax legislation in the next two years
The Grant Thornton International Ltd IFRS Team has published Get ready for IFRS 15 – Recognising revenue in the real estate and construction industries, a more detailed look at the issues facing companies operating in the real estate and construction industries as they get ready to adopt IFRS 15 Revenue from Contracts with Customers.
The Grant Thornton International Ltd IFRS Team has published Get ready for IFRS 9 – The impairment requirements, the second issue in a series of publications intended to help you prepare for IFRS 9 (2014) Financial Instruments
The IASB has published IFRS 16 ‘Leases’ completing its long-running project on lease accounting. This special edition of IFRS News explains the key features of the new Standard and provides practical insights into its application and impact.
In January 2016, the Department of Finance released draft legislation proposing amendments to the new life-interest trust rules, which came into effect for 2016 and subsequent tax years.
The Grant Thornton International IFRS team has published IFRS Viewpoint—Related party loans at below-market interest rates.
The Grant Thornton International IFRS team has published IFRS Viewpoint—Acquisition of investment properties-asset purchase or business combination?
The Grant Thornton International Ltd IFRS team has published Get ready for IFRS— Classifying and measuring financial instruments, the first issue in a series of publications intended to help you prepare for IFRS 9.