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?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.
Saskatchewan Provincial Budget
The 2014 Saskatchewan provincial budget was delivered on March 6. The budget was the seventh consecutive balanced budget in the province.
Manitoba Provincial Budget
The Manitoba provincial budget was tabled on March 6. Two new tax initiatives were announced.
British Columbia Provincial Budget
The premier of British Columbia tabled the 2014 provincial budget on February 18. The budget contained a number of tax-related changes, not all of which were directly related to income tax.
Taxation of Small Business Dividends in 2014
The 2013 Federal Budget announced that, beginning in 2014, the gross-up of small business dividends will be reduced from 25% to 18% and that the federal dividend tax credit will be adjusted as well. The net result is a slight increase in the taxation of other than eligible dividends at the federal level.
Scholarships, Bursaries and Fellowships May Not Be Taxable
Great news! Students who win awards to go to school now qualify for full tax exemptions, if they qualify for the full-time education amount.
