Changes will impact 2.4 million low- and middle-income families with children
Majority of Canadians plan to claim the credit but remain unclear on rules
Ninety-four per cent of Canadian homeowners who are planning to do renovations between April 2009 and February 2010 will use the Home Renovation Tax Credit (HRTC), according to survey results released Wednesday by residential mortgage company ResMor Trust Co.The HRTC was introduced by the Federal Government earlier this year.According to the survey, 39% of respondends […]
Engaging in philanthropy can have significant advantages for individuals and businesses alike, and financial advisors should ensure their clients are aware of the perks, experts said at a philanthropy conference in Oakville, Ont. on Thursday.In particular, there are some significant tax advantages to charitable giving, and advisors who don’t alert clients to the potential credits […]
Many companies are not taking advantage of Canada’s generous program for funding new research and development
The problem for individuals and companies is finding the most useful program
Party platforms diverge on personal and corporate taxes
As the fallout from the demise of the Crocus Investment Fund continues to wash through Manitoba financial circles, the provincial government has quietly put a new tax measure in place, hoping to coax venture capital from the pockets of sophisticated investors. The community development investment tax credit is designed to generate capital for small and […]
Change will facilitate smooth transition to new single corporate tax administration system in Ontario
Province extends LSIF tax credit