The prescribed rate on loans to family members remains set at 1%
The next step is narrowing the menu of tax possibilities, focusing on measures likely to pass
A qualifying senior couple would receive $750 more per year
Big financial institutions would also have to pay a pandemic recovery dividend
Consultation ends on Sept. 30
Clients will be interested in tax proposals, though campaigns don't often move markets
The tax on expensive vehicles was part of the Liberals' 2019 election platform
Finance is seeking comments about raising the rate and giving the CRA better enforcement tools
The proposal is for a 1% annual tax on the value of vacant real estate owned by non-residents
The CRA successfully appealed a conditional sentence imposed in 2019