Ontario’s latest Fall Economic Statement showed signs of significant financial growth, mainly due to falling interest rates and higher tax revenues.   While residents are still feeling the effects of a ...

Earlier this year, the Canada Revenue Agency (CRA) announced significant changes to trust reporting rules that introduced new filing obligations for many express trusts, including bare trusts. These new requirements ...

This year has seen significant shifts in tax regulations, making it a particularly volatile period for businesses. Three major tax changes have surfaced in recent years:  The Canada Revenue Agency ...

Life is full of unexpected events, and sometimes these can severely impact your ability to manage your financial responsibilities – especially if you own a business. This is where a ...

Succession planning is a critical yet often overlooked aspect of running a successful business, especially for entrepreneurs and family-owned enterprises. The intricacies of transitioning leadership and ownership require thoughtful consideration, ...

Tech startups are synonymous with innovation, agility, and the drive to disrupt industries. However, beneath the surface of every successful tech venture lies a foundation of strong financial management. For ...

The Canadian government’s plan to increase Canada’s capital gains inclusion rate, introduced in the 2024 Federal Budget, has caused growing concern from taxpayers as many consider selling cottages and investments ...

The 2024 Federal Budget, presented by Finance Minister Chrystia Freeland on April 16, introduced $52.9 billion in new spending, which the government plans to offset, in part, by increasing taxes ...

The government’s new federal trust reporting rules will increase disclosure requirements, affecting a wide range of Canadian trusts. Originally, the federal government introduced significant changes to trust legislation in 2018 ...