Jamie Golombek, managing director of tax and estate planning with Canadian Imperial Bank of Commerce’s wealth strategies group, outlines the possible impact of the upcoming federal budget on capital gains, boutique tax credits and tax rates and thresholds.
Has the connection between a vigorous job market and high inflation broken down?
Growth forecast largely unchanged, inflation expectations edge up
Decentralized finance protocols were the top target of crypto thefts
Post-pandemic economy has "confounded all sorts of attempts to predict what it will do"
A tribunal ruled that the Joint Serious Offences Team isn't independent of the OSC
Clients may not know they’re obligated to file, and there is no cap on penalties for late filing if taxes are owed
The BoC will be ready to raise rates further if inflation proves to be more stubborn than expected