B.C. PST on Professional Services Effective October 1, 2026 British Columbia is expanding its provincial sales tax to selected professional services. Effective October 1, 2026, the following services will become taxable: Newly taxable service PST treatment Accounting services 7% Non-residential real-estate services 7% Security and private-investigation services 7% Architectural services Effective rate of 2.1% Engineering and geoscience...

Alter Ego Trusts and Joint Partner Trusts: Valuable Estate Planning Tool As Canadians continue to focus on preserving wealth and simplifying estate administration, Alter Ego (AE) Trusts and Joint Partner (JP) Trusts have become increasingly popular estate planning tools for individuals aged 65 and older. While...

Bare Trust Reporting: Final Update on T3 Filing Requirements What Canadian Taxpayers Need to Know After several years of uncertainty, the Government of Canada have legislated the final changes for the reporting requirements for bare trusts.  The Canada Revenue Agency (CRA) has provided some guidance, and we...

B.C. Budget: Summary of Tax Measures February 17, 2026 The Government of British Columbia released its 2026 Budget on February 17, 2026, with several significant tax measures that will affect both individuals and businesses across the province. Below is a clear summary of the most important changes...

November 4, 2025   The Minister of Finance, François-Philippe Champagne, delivered the 2025 Budget (the “Budget”) this afternoon. Highlights of the tax measures announced in the Budget are summarized below.   Business Income Tax Immediate Expensing of CCA on Eligible M&P Buildings Buildings and additions/renovations to buildings that are used 90%...