News Room

Opportunity: Canadian Dollar Stabilizes, Somewhat

Things have started to turn around for the Canadian dollar in the second quarter of 2025. It hit a 22 year low in January of 2025. Investors and property owners, who have been swooning at the high burn rate in their travel plans and property maintenance abroad, may wish to consider recent more positive trends and consider some risk mitigation opportunities now that the dollar is stabilizing somewhat.  

TFSA – (Perhaps Not) A Ticking Time Bomb? - Part 2

Last week, we looked at the TFSA helping those who pay taxes on investment income. This week in part 2, we will look at savings opportunities for the middle class.

Where Is My Refund and Who Does CRA Share it With? Part 2

Taxpayers and their advisors may consider this question more frequently as CRA pushes for more electronic communications, such as the provision of email addresses on this year’s tax return.

What Most People Don’t Know About Principal Residences (But Should) – Part 1

This week I had a discussion with a client about what would happen when either he or his wife passed away. 

The “Cost of Borrowing” via Non-Compliance

  The one thing about an electronic age – computers do exactly what they’re told to do – right or wrong!

Trust Funds Belongs to Bankrupts’ Creditors

The Supreme Court of British Columbia recently ruled that a bankrupt’s contingent entitlement to trust funds was property that vested with the trustee in bankruptcy as part of the bankrupts' estate.
 
 
 
Knowledge Bureau Poll Question

Do you believe Canada’s tax system based, on self-assessment, has suffered under recent changes at CRA and by Finance Canada? If so, what is the one wish you have for tax reform?

  • Yes
    343 votes
    69.86%
  • No
    148 votes
    30.14%