The Government of Canada implemented the Underused Housing Tax (UHT) on June 9, 2022, which impacts certain residential property owners as of December 31, 2022. If you own residential property and are not an excluded owner, you must file a UHT return to avoid penalties. If...

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 In the middle of March, as I walk across my patio to the carport, the harbinger of spring is the smell of the hyacinths in the air. My approach causes the light over the door to shatter the darkness, illuminating the...