The Minister of Finance, Chrystia Freeland, delivered the 2022 Budget (the “Budget”) on April 7th. The Budget did not contain any significant tax changes, including the rumoured increase to the capital gains inclusion rate or taxation of principal residences. Highlights of the tax measures announced in...

By Team Clearline   (November 22, 2018) - The Federal Minister of Finance, Bill Morneau, delivered the Liberal Government's Fall Fiscal Update yesterday in Ottawa. To help you navigate the tax updates and changes, we have summarized the highlights below.   Corporate Tax Changes Capital Cost Allowance ("CCA") Changes A number of adjustments...

By Grant T. Smith I want to speak to you about the forthcoming changes to BC’s medical service plan because the plan changes the new Employer Health Tax (“EHT”) and the changes happen on January 1, 2019. This is coming and it affects your business. It...

By Bilal Kathrada The Federal Minister of Finance, Bill Morneau, delivered the Liberal government’s 2018 budget yesterday in Ottawa. To help you navigate the business and personal tax updates and changes, we have summarized some of the budget highlights below. Business Tax Small Business Tax Rate The Budget...