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CRA has announced the fourth quarter prescribed interest rates and as expected, they rose again. It is now very expensive to owe money to the CRA, and any taxpayer who does, is well advised to pay off that debt as soon as possible. The prescribed interest rates for October 1 to December 31 are as follows:
Inflation continues to be top of mind for most of us as we see prices increase at the grocery store, gas station, and pretty much everywhere else. Advisors and clients can build out defensive strategies with a better understanding of inflation in today’s context; the subject of this, the first of a three-part series.
By definition, payroll remittances are mandatory statutory deductions withheld from an employee’s pay by an employer for the purposes of funding government programs. But are they a tax? The answer is yes, and this is why:
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On Monday Oct 17 at DAC 2022, join Judith Chambers, an Investment Advisor at TD, on a panel discussion led by Christine Logan, Head of Marketing (Americas) for Franklin Templeton and co-panelist, Saijal Patel, host of Strictly Money.