New: Personal Support Workers Tax Credit Coming Soon

Personal support workers will receive billions in increased wages from federal/provincial governments in B.C., Newfoundland and Labrador and the Northwest Territories.  Those workers in other provinces will now get a raise too, but they will have to wait until filing their 2026 returns in the spring of 2027 to cash in, according to an October 27 pre-budget announcement.  Here are the details:

On June 22, the Canada Revenue Agency (CRA) announced that taxpayers who have been affected by the recent flooding in the Calgary area would have access to the taxpayer relief provisions, if they were unable to meet their tax obligations on time.

Wondering if we’ll ever get summer this year? Here’s something to ponder if you’re stuck at the cottage in the rain. . .the six laws of a long and happy life.

Avoid owing more than $2,999 at your balance due date. Here's why...

Do you know of someone dealing with the devastation of critical illness? There is much we can do from a tax efficiency point of view to help and guide families. 

Tax compliance: You can’t escape it, even if you’re a long distance trucker. 

We conclude our Synthetic Dispositions series this week with a look at holding period rules.