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Thursday April 07, 2022
Financial news you can use
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Industry News
Large RRSP balances, Bill C-208 addressed in 2022 budget
The government plans to consult on how to allow "genuine" intergenerational share transfers
April 7, 2022
Liberals to bring in new minimum tax on top earners
Industry News
Liberals to bring in new minimum tax on top earners
The measure would target those among the top 0.5% not paying their “fair share” of taxes
April 7, 2022
Feds set bank, insurer surtax at 1.5% for profits over $100M
Industry News
Feds set bank, insurer surtax at 1.5% for profits over $100M
Financial institutions will also have to pay a one-time Canada Recovery Dividend on 2021 taxable income over $1B
April 7, 2022
Budget gives businesses greater access to small business rate
Industry News
Budget gives businesses greater access to small business rate
But with no adjustment to the passive income rules, some companies will remain shut out
April 7, 2022
Industry News
Feds propose anti-flipping tax to cool housing prices
Profits on sale of residential property held for less than 12 months would be taxed as business income
April 7, 2022
Industry News
Budget pulls tax levers to drive low-carbon shift
Government cuts fossil-fuel credits, offers new credits for critical mineral, carbon capture development
April 7, 2022
Industry News
Ottawa to review crypto, CBDC
April 7, 2022
Industry News
Feds eye growth with $31B in new spending
April 7, 2022
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