tax | Investment Executive https://www.investmentexecutive.com/tag/tax/ Canada's news source for financial professionals Tue, 28 Apr 2026 21:21:58 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png tax | Investment Executive https://www.investmentexecutive.com/tag/tax/ 32 32 Deficit falls to $66.9B for 2026 spring economic update https://www.investmentexecutive.com/news/deficit-falls-to-66-9b-for-2026-spring-economic-update/ Tue, 28 Apr 2026 21:17:30 +0000 https://www.investmentexecutive.com/?p=537458 Lower CPP contributions, an extended first time home buyers’ plan grace period and other tax measures tabled in Ottawa

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]]> Prescribed rate to remain 3% in Q3 for fifth consecutive quarter https://www.investmentexecutive.com/news/prescribed-rate-to-remain-3-in-q3-for-fifth-consecutive-quarter/ Wed, 22 Apr 2026 18:18:51 +0000 https://www.investmentexecutive.com/?p=536962 Interest rate on overdue tax will remain 7% in Q3

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]]> CETFA survey shows younger investors more likely to adjust portfolios amid geopolitical tensions https://www.investmentexecutive.com/news/cetfa-survey-shows-younger-investors-more-likely-to-adjust-portfolios-amid-geopolitical-tensions/ Mon, 20 Apr 2026 15:54:19 +0000 https://www.investmentexecutive.com/?p=536649 The data also reveals Canadians' limited knowledge of cross-border investing tax implications

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]]> No automatic interest relief for trusts complying with retroactive AMT change https://www.investmentexecutive.com/news/industry-news/no-automatic-interest-relief-for-trusts-complying-with-retroactive-amt-change/ Thu, 16 Apr 2026 16:07:35 +0000 https://www.investmentexecutive.com/?p=536463 With reduced deduction of investment counsel fees, many trusts need to amend tax returns

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]]> Oil shock weighs on Canadian households: Desjardins https://www.investmentexecutive.com/news/oil-shock-weighs-on-canadian-households-desjardins/ Wed, 15 Apr 2026 14:30:01 +0000 https://www.investmentexecutive.com/?p=536319 High earners feeling the effects, but have more capacity to absorb rising costs

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]]> Lower deduction of investment counsel fees hits trusts with AMT https://www.investmentexecutive.com/news/industry-news/lower-deduction-of-investment-counsel-fees-hits-trusts-with-amt/ Fri, 10 Apr 2026 16:43:15 +0000 https://www.investmentexecutive.com/?p=535888 Many trusts may need to amend 2024, 2025 tax returns

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]]> Manitoba budget expands tax exemption on food items, aims to cut deficit https://www.investmentexecutive.com/news/manitoba-budget-expands-tax-exemption-on-food-items-aims-to-cut-deficit/ Wed, 25 Mar 2026 13:37:40 +0000 https://www.investmentexecutive.com/?p=534747 The budget forecasts a deficit of $498M on total spending of $27.3B

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]]> Ontario plans temporary boost to HST rebates on new homes in bid to energize sector https://www.investmentexecutive.com/news/ontario-plans-temporary-boost-to-hst-rebates-on-new-homes-in-bid-to-energize-sector/ Wed, 25 Mar 2026 13:29:10 +0000 https://www.investmentexecutive.com/?p=534745 The Ministry of Finance estimates the measure will spark an additional 8,000 housing starts

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]]> Liberal tax promise tracker: Bill C-15 edition https://www.investmentexecutive.com/news/industry-news/liberal-tax-promise-tracker-bill-c-15-edition/ Fri, 20 Mar 2026 20:37:53 +0000 https://www.investmentexecutive.com/?p=534074 Omnibus bill includes extended period for loss carryback strategy

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]]> Quebec adjusts several sector-specific tax credits https://www.investmentexecutive.com/news/quebec-adjusts-several-sector-specific-tax-credits/ Wed, 18 Mar 2026 21:34:56 +0000 https://www.investmentexecutive.com/?p=534240 Budget focuses on extensions and changes to support AI, media and culture

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