News Room

Trade Wars: Why Income Tax Filings Matter More Now

It’s hard not to get caught up in the trade wars saga, and of course it has serious economic repercussions. In times like these, our tax system can help. The federal government has indicated three pillars of support will be enacted, details of which are to come shortly:

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.

New Contractual Duty of Good Faith

Recently, a unanimous Supreme Court of Canada (SCC) recently created a new common law duty of good faith between contractual parties in Canada. This new extension of the common law will certainly affect business in Canada, but just how far the duty will extend is yet to be known.

ORPP is now a Legislative Requirement

Bill 56, an Act to require the establishment of the Ontario Retirement Pension Plan was introduced and received first reading in the Ontario Legislature on December 8, 2014. 
 
 
 
Knowledge Bureau Poll Question

As A.I. emerges, does it change how professionals create financial peace of mind in their communities?

  • Yes
    24 votes
    54.55%
  • No
    20 votes
    45.45%