The Importance of Provincial Budgets: Elbows Up and No Bracket Creep!
Some of the right things are happening in Nova Scotia, from the perspective of improving standards of living in that province. And that’s important news because according to the Fraser Institute, Canadians have suffered the worst five-year decline in their standard of living over the 2020-to-2024 period since the Great Depression. It notes, our Gross Domestic Product (GDP) per person decreased by 2.0% (0.4% annually) ; this despite aggregate GDP growth of 1.5% over the period. Further, all ten provinces are experiencing stagnation, which is unique in our history. So what’s the good news in Nova Scotia, at this critical juncture?Our Readers Are Awesome
Sometimes a little clarification is in order.
Don’t Miss It: Professional T1 Tax Update January 20 - 23
Secure your spot at the Knowledge Bureau’s Comprehensive Day Long Tax Update!
DAC 2015 is Heading to Puerto Vallarta, Mexico
The Distinguished Advisor Conference™ (DAC) will be held November 8-11, 2015 in Puerto Vallarta.
Happy New Year: 2015 is Brimming with Generous Tax Preferences
Happy New Year and welcome to a brand new tax year.
Tax Changes for 2015
The new tax forms were available as of January 7 and CRA has recently posted a partial list of new tax and benefit changes and online services for the 2015 tax filing season, encouraging people to file online and use their online services.
CRA Not Entitled to Rectification Application
The Ontario Superior Court of Justice recently held that in certain circumstances the Canada Revenue Agency (CRA) is not entitled to notice of a rectification application as it pertains to a trust.
