Aging population will mean lower economic growth potential, smaller tax revenues
Late last year, a feder-al advisory panel recommended measures to improve the fairness, efficiency and competitiveness of Canada’s international tax system. However, the global financial crisis and the subsequent recession appear to have taken top priority since.In late 2008, a federal Finance Department committee created to study Canada’s international tax system recommended 17 changes that […]
Clients are being asked to provide documentation for a wide range of credits and payments
My Payment service lets individuals and businesses send payments from Canadian financial institutions
Tax system has become unwieldy and complex
Pitfalls await the advisor who fails to determine which clients have these connections
The program allows eligible homeowners to defer their 2009 and 2010 property taxes
Recommendations aimed at improving outbound and inbound business investment
While the feds move ahead with the TFSA, more assistance for families comes from the provinces
Companies may need more frequent annual reviews when it comes to the way they disburse corporate profits