Proposed legislation extends reassessment period
The finance minister has promised that the fiscal update will focus on housing and affordability
Federal minister says there will be measures to address "the financialization of housing"
Mayor Olivia Chow says raising the tax from 1% to 3% will encourage the transformation of vacant homes into rental units
Canadians making above $300,000 to contribute 98% of total AMT
Amid automatic tax filing, a proactive approach is required
Proposals from the 2023 budget are out for consultation until Sept. 8
The CRA's interest rate on overdue tax will remain the same for a third consecutive quarter
The industry is still waiting for certain forms needed to administer the new plans
Changes to RESPs and RDSPs, caps on payday loans and leeway to increase the CDIC limit are all law now