News Room

Helping First Nations, Inuit and Metis with Tax Filing

The Canada Revenue Agency is trying to reach out to Canada’s First Nations, Inuit and Metis to encourage them to file their tax forms on time and could use your help to make sure these communities get all the tax benefits they are entitled to. But filing tax returns are not always easy, especially when there is income on and off the reserve.

2018 Federal Budget Overview: Budget 2018 Prioritizes Economic Equality, Opportunity & Diversity

The theme of the 2018 Federal Budget announced February 27 is focused on Equality and Growth, and carries forward the 2017 theme of “a Strong Middle Class”. There are five key areas this budget addresses:

2018 Budget Overview: Specific Personal Tax Provisions

Review specific personal tax provisions announced by the Government in the 2018 Federal Budget.

2018 Budget Overview: Specific Tax Provisions for Business

New 2018 Federal Budget includes business tax provisions addressing tax changes for business income.

2018 Budget Overview: Additional Tax Provisions

Review additional tax provisions announced by the Government in the 2018 Federal Budget.

Tax Tip: Three Tax Secrets for RRSP Investors

March 1, 2018 is an important date for savvy taxpayers:  don’t miss topping up your RRSP contribution by this deadline. It’s a great investment for your retirement, of course, but it’s so much more powerful:  there are, in fact, three additional tax secrets most people don’t know about that can help you improve your finances.

Rising Interest Rates on the Horizon: Who Will Feel the Impact?

Interest rates are rising and Canadians are already feeling the pinch in paying down their operating lines.  Owing the taxman can add to the burden.  The Bank of Canada’s next interest rate announcement is March 1 and for some, the trend is already uncomfortable. Debt management is key.
 
 
 
Knowledge Bureau Poll Question

Should the Old Age Security clawback start at a lower net income than the current $93,454?

  • Yes
    5 votes
    12.82%
  • No
    34 votes
    87.18%