On November 21, 2023, Deputy Prime Minister and Minister of Finance Chrystia Freeland introduced the 2023 Fall Economic Statement (FES 2023) on behalf of the federal government. These measures aim ...
Ontario’s Fall Economic Outlook Promises Additional Tax Credits During Financial Uncertainty
The Ontario Fall Economic Statement 2023 forecasts a substantial increase in the deficit for the 2023-24 fiscal year of $5.6 billion. This marks a significant departure from the province’s 2023 ...
Maximizing growth: Tax considerations and key questions for business expansion or acquisition
Growing a business during a turbulent economy comes with many complicated decisions. Whether you’re expanding an existing company or buying a new one, there are a variety of tax considerations ...
2023 Budget Tightens Tax rules while Investing in Clean Tech
The 2023 Federal Budget, presented by Finance Minister Chrystia Freeland on March 28, forecasts a $43 billion dollar deficit, with both spending cuts and tax increases. High income individuals may ...
Preparing for the 2022 tax season
The Canadian government has moved quickly to offer economic relief and adjust tax regulations to benefit businesses and workers hit by economic challenges. To help you get up to speed, ...
How to Prepare your Real Estate Business for a Successful Acquisition
Acquiring a company can be an exciting process, but it’s also a long and complicated one. Once you’ve decided on your target business and researched the implications of plunging into ...
Tax compliance or tax avoidance? Supreme Court rules in Loblaw’s favour
The Supreme Court’s recent tax appeal ruling in favour of Loblaw Financial Holdings ended a lengthy and complicated dispute over how a dissolved subsidiary company – run from Barbados – ...
What you need to know before starting your real estate acquisition process
Real estate is an ever-changing market with a wealth of expansion opportunities. If you’re ready to grow your business and are looking to acquire a new company, there are several steps you’ll ...
More comprehensive reporting requirements coming for Canadian trusts
Revised as of January 14, 2022 The Canadian Government is preparing to implement changes to the reporting requirements for Canadian resident and non-resident trusts deemed resident in Canada. Though these ...