News & Publications
Stay up-to-date with the latest trends, news, and insights in the world of business and finance. Our News & Publications section features expert articles on tax strategies, regulatory updates, financial tips, and industry innovations. Whether you're a small business owner or a startup, our resources provide valuable knowledge to keep you ahead of the curve. Check back regularly for fresh content designed to help you navigate the business landscape with confidence.
01
Capital Gains Tax Deferral:
12/02/2025
Canada has postponed changes to capital gains tax, now set to take effect in 2026, allowing businesses and individuals more time to adjust.
02
Income Tax Amendments:
05/01/2025
The Canada Revenue Agency (CRA) has introduced technical amendments to the Income Tax Regulations aimed at enhancing clarity and flexibility in tax rules. These updates focus on several areas, including registered pension plans, pooled registered pension plans, qualified investments, employee stock options, and mark-to-market rules. The amendments are designed to ensure tax rules align with their policy objectives, providing more precise guidance for tax filers and businesses. This update aims to simplify the administration of these complex areas and improve the overall efficiency of the tax system.
03
Sales Tax Relief:
15/11/2024
To alleviate rising living costs, the Canadian government has temporarily removed the federal sales tax on various items, including children's clothing, toys, restaurant meals, and video game consoles, from December 14 to February 15. Additionally, a one-time payment of C$250 will be distributed to approximately 18.7 million Canadians earning up to C$150,000 in 2023.
04
Ontario's Revised Budget and Tax Rebates
12/01/2025
Ontario's Revised Budget and Tax Rebates
Ontario has updated its budget deficit forecast to C$6.6 billion for the 2024-25 fiscal year, a reduction from the previous estimate of C$9.8 billion. The province plans to issue C$200 rebates to eligible adults and children early next year to help offset high interest rates. Additionally, temporary gas and fuel tax rate cuts will be extended until June 30, 2025.