New Financial Reporting Requirements Under the Mortgage Services Act (MSA) British Columbia’s upcoming Mortgage Services Act will introduce new financial reporting and assurance requirements for mortgage brokerages. Firms that administer mortgages, engage in mortgage lending, or maintain trust accounts will soon need to submit annual financial...

Incorporating as a Professional: Weighing the Pros and Cons Incorporating as a professional in Canada can provide significant tax planning opportunities, including tax deferral and access to the small business deduction. However, professional corporations also introduce additional compliance requirements and costs. Below we outline the key...

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%...