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?Quebec Provincial Budget
The Quebec provincial budget was delivered on February 20. The budget introduced provincial changes that match the recently-announced federal changes.
Northwest Territories Territorial Budget
The Northwest Territories budget was delivered on February 6. The budget contained no income tax measures.
New Brunswick Provincial Budget
The New Brunswick provincial budget was delivered on February 4. The budget reduces the deficit but a balanced budget is not expected until 2017. The budget promised a 3% increase in social assistance rates beginning in April.
Other Provinces and Territories
Provincial and territorial budget dates have yet to announced for Ontario (expected the first week in May), Prince Edward Island (expected soon after the legislature opens in April), and Nunavut (expected late in May),
Provincial Taxation of Small Business Dividends in 2014
Because of the way that dividends are taxed, both at the federal level and the provincial level, the amount of tax payable on a given dividend depends of the taxpayer’s taxable income (as well as their province of residence).
Evelyn Jacks: Claiming Moving Expenses
It’s crunch time when it comes to tax filing. Most taxpayers will have received all their T slips – T4s, T3s, T5s, etc. and now it’s time to actually get it done.
