Fall Federal Budget: Will Spending Be Cut?
Canada has historically presented an annual budget since Confederation in 1867, even through periods like World Wars and the Great Depression, but we have recently experienced the longest period without a full federal budget in our history. By the time the next one is brought down, expected in October 2025, it will have been 18 months since the controversial April 2024 budget which introduced the doomed capital gains inclusion rate hikes. What can we expect?IRS to Tax Bitcoins and Other Virtual Currencies Like Property, Not Currency
Virtual currencies are becoming more and more popular and tax authorities throughout the world are considering how to handle them.
People In the News
Knowledge Bureau's faculty and authors have been busy in the media this week!
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Ontario Taxes for 2014
The pre-budget consultations for the 2014 Ontario budget closed on March 28 but the date of the budget has yet to be announced. However, recently leaked government documents indicate that the budget will be presented in the first week of May.
Alberta Provincial Budget
The 2014 Alberta provincial budget was tabled on March 6, 2014. This budget shows an operational surplus of $2.6 billion and the government projects an operational surplus for the following three years of its financial plan.
