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parliament hill

The finance minister has promised that the fiscal update will focus on housing and affordability

Saving for home purchase

Federal minister says there will be measures to address "the financialization of housing"

Toronto skyline from center island

Mayor Olivia Chow says raising the tax from 1% to 3% will encourage the transformation of vacant homes into rental units

Piggybank With Eyeglasses And Calculator On Wooden Table, TFSA, RRSP

Canadians making above $300,000 to contribute 98% of total AMT

Filing a tax document online

Amid automatic tax filing, a proactive approach is required

Canadian Parliament in Ottawa

Proposals from the 2023 budget are out for consultation until Sept. 8

  • By: IE Staff
  • August 4, 2023 August 4, 2023
  • 17:14
Close up of businesswoman using calculator while going through financial bills.

The CRA's interest rate on overdue tax will remain the same for a third consecutive quarter

House bubble boom presentation on chalkboard. Concept photo of Real estate market bubble , booming, money,price, rent, grid, home, house, housing, industry and subprime mortgage crisis. (Copy Space)

The industry is still waiting for certain forms needed to administer the new plans

5994395 - front view of the canadian parliament building , with nobody showing

Changes to RESPs and RDSPs, caps on payday loans and leeway to increase the CDIC limit are all law now

home ownership

The issue of what happens when an FHSA holder dies may need to be dealt with sooner rather than later, for example