If you’re borrowing funds to support business growth and or investment growth, you may be eligible to deduct interest on your business or property income under the Income Tax Act.   ...

This year’s Federal budget marked the first increase to the Capital Gains inclusion rate since 2000, an announcement that many criticized as having significant consequences on both high income and ...

Ontario’s latest Fall Economic Statement showed signs of significant financial growth, mainly due to falling interest rates and higher tax revenues.   While residents are still feeling the effects of a ...

Earlier this year, the Canada Revenue Agency (CRA) announced significant changes to trust reporting rules that introduced new filing obligations for many express trusts, including bare trusts. These new requirements ...

Mid and short-term rental operators and investors are facing mixed messages from the federal government and Bank of Canada as they continue to navigate a quickly evolving market. While the ...

In the face of shifting geopolitical dynamics, this blog dives into the Canadian and U.S. economic landscapes focusing on the current challenges including the housing supply crisis, high interest rates, ...

The Canadian government’s plan to increase Canada’s capital gains inclusion rate, introduced in the 2024 Federal Budget, has caused growing concern from taxpayers as many consider selling cottages and investments ...

The 2024 Federal Budget, presented by Finance Minister Chrystia Freeland on April 16, introduced $52.9 billion in new spending, which the government plans to offset, in part, by increasing taxes ...

Rental income has generated a great deal of income over the years and has opened a variety of rental locations across the globe. Rentals can also be a great investment ...