NPO Reporting Changes: An Update on the Revised Draft Legislation A follow-up to our earlier article, "Federal Reporting Changes for NPOs: What You Need to Know." Overview Last fall, we wrote about the federal government's proposal to expand the annual reporting obligations of not-for-profit organizations (NPOs), first announced...

The Productivity Mega Deduction: What the New Immediate Expensing Rules Mean for Your Business On September 15, 2026, the federal government announced the Productivity Mega Deduction, a proposed change that would now let businesses immediately expense a much wider range of capital purchases in full in...

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...

Family Trusts: Legislative Changes and Continuing Benefits Family Trusts remain an important planning tool for many Canadian families despite legislative changes introduced in recent years. This article outlines key tax rule changes, ongoing reporting requirements, and the planning benefits that still make Family Trusts valuable for...

Overview The federal government has proposed significant changes to the reporting requirements for Not-For-Profit Organizations (NPOs) through The 2024 Fall Economic Statement. These measures are aimed at improving transparency and oversight across the sector. On August 15, 2025, additional details on these proposals were released.   Key Background information ...