Property owners with vacant homes in Canada should be aware of the new underused housing tax (UHT), which came into effect on January 1, 2022.
Bill C‑15 became law March 26, 2026, implementing tax measures from Budget 2025, Budget 2024, and FES 2024 affecting businesses and trusts.
Further proposed amendments to the AMT rules released by Finance on August 12 may impact certain taxpayers. It's important to determine if you're affected and talk to your advisor about potential next steps.
Federal GST relief offers enhanced rebates to landlords building new purpose-built rental housing.
The government has provided more details on the proposed changes to the capitals gains inclusion rate, which were first announced in the 2024 federal budget.
The Budget Implementation Act, 2024, No. 1, also known as Bill C-69, includes several measures introduced in Budget 2024, the 2023 Fall Economic Statement (FES 2023), and previously proposed legislation Budget 2023.
High-income taxpayers that make large donations of qualifying securities, such as public company shares, may not see as much of a tax benefit, under proposed changes to the alternative minimum tax (AMT) rules.
Bill C-59, Fall Economic Statement Implementation Act, 2023, includes a wide range of tax measures such as GAAR, changes to the intergenerational business transfer rules, and several green initiatives.