August 2025 Poll

A public consultation on whether the CDIC’s deposit insurance limit should be raised to $150,000 per deposit category is underway.  Do you agree?

The Bank of Canada’s regional offices conducted summary interviews with senior managers of about 100 different firms representing a snapshot of Canada’s gross domestic product in order to gain a clear perspective of the future of economic activity in the country. 

On April 12, 2013, Andrew Treusch, the Commissioner and Chief Executive Officer of the Canada Revenue Agency (CRA) wrote a letter to Mr. Hubert Lacroix, President and Chief Executive Officer of the Canadian Broadcasting Corporation (CBC), in regards to the international tax non-compliance information leaks that the KBR described last week.

On April 10, 2013, the Honourable Jim Flaherty, Minister of Finance, announced that new measures were being implemented to protect banking customers in Canada and the new rules will come into force soon: on September 2, 2013.

In Canada, we have a tax system based on self-assessment and voluntary compliance. It works extremely well, considering how complex the topic is, with the overwhelming majority of individuals and corporations meeting their obligations on time.

The March 21, 2013 Budget is proposing major changes to the taxation of trusts in Canada, which will have significant family succession planning implications. Here in the first of two articles, Greer Jacks reviews existing rules, which every tax and financial professional may wish to be aware of before the rules are changed in order to participate in fruitful consultations on the matter.

Riding the bus or subway? Remind all family members to keep receipts because you may be able to make a claim on your tax return for the costs.