In 2024, Canada introduced important tax updates affecting business owners, investors, and individuals. Here’s a streamlined summary of...

Covid-19 Benefit Repayments: The CRA has a T1B form to deduct federal Covid-19 benefits repaid prior to Jan 1, 2023. Taxpayers may claim...

The Canadian government has introduced a new rule in Budget 2022 that effectively increases taxes on home-flipping. Under this new rule,...