News Room

This Month’s Poll

Do you agree that public trustees, guardians and departments supporting Indigenous Services should be able to certify impairments for the Disability Tax Credit?

Four Provinces Sign On: Cooperative Capital Markets Regulatory System

The Finance Minister of Canada, Joe Oliver and the finance ministers of British Columbia, Ontario, Saskatchewan, and New Brunswick have signed a Memorandum of Agreement on September 8 to jointly establish the terms and conditions of a Cooperative Capital Markets Regulatory System, and released draft provincial and federal legislation to harmonize current legislation. 

Advisors and Succession: Where’s the Plan?

Many advisors have spent a good part of their lives building their business and have the bulk of their personal net worth tied up in it, making their practice their most valuable investment asset — the one they are counting on to help fund their lifestyle in retirement.

Fourth Quarter Prescribed Interest Rates Set

Although CRA will not make the official announcement until later this month, the prescribed annual interest rates for the fourth quarter will remain at the same rates as the prior three quarters. 

Directors Escape Personal Liabilities

Subsection 227.1 of the Income Tax Act and subsection 323 of the Excise Tax Act provide that the directors of a corporation will be personally liable for their corporation’s failure to remit employee withholdings and GST.

Evelyn Jacks: When Are You In The Business Of Buying and Selling Land?

Lots of people like to dabble in real estate when markets are hot. But there could be an unintended tax issue which could significantly erode wealth.

Estate Planning: Understanding Joint Tenancy

Joint tenants are often comforted by the doctrine of survivorship – the survivor(s) take the property absolutely upon the death of the other holder(s).
 
 
 
Knowledge Bureau Poll Question

Do you agree that public trustees, guardians and departments supporting Indigenous Services should be able to certify impairments for the Disability Tax Credit?

  • Yes
    3 votes
    100%
  • No
    0 votes
    0%