News Room

This Month’s Poll

Is the new Canada Groceries and Essential Benefit the right solution to help Canadians with inflation?

Travel expenses for medical, moving and Northern residents deduction claims

The Canada Revenue Agency (CRA) seems to think it cost less to operate a vehicle in Canada in 2012 than in 2011.

Evelyn Jacks: Tax protestors pay the price

The Canada Revenue Agency (CRA) has proved once again: there is no escaping your responsibility to pay income taxes.

Putting “goodwill” to work for you

Understanding the concept of “goodwill” will work to your advantage, as Greer Jacks explains in this first of a two-part series.

Lifestyle Column: 10 Neat Things

This week: 10 neat things about light.

Do you have to report income from foreign sources?

In some countries, such as the United States, taxation is based on citizenship. In Canada, however, the government levies income taxes based on residency. 

Mind Your Fs and Ps

Federal tax returns are required to be filed by all Canadians who have a balance due or file to recover overpaid taxes or refundable tax credits. Provincial taxes for the whole year are based on your province of residence on December 31.
 
 
 
Knowledge Bureau Poll Question

Is the new Canada Groceries and Essential Benefit the right solution to help Canadians with inflation?

  • Yes
    3 votes
    11.54%
  • No
    23 votes
    88.46%