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.  

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Over 700 respondents voted in the Knowledge Bureau Report Poll last month on whether they agreed with CRA’s policy to stop mass mailing paper tax returns, the largest response to a poll to date and also the one that swung the most from one side of an issue to the other. 

What does the next federal budget, widely expected to be announced sometime this month, have in store for Canadian taxpayers?

Citing a significant lack of trust in major financial institutions as a major impediment to economic recovery, Mark Carney, Governor of the Bank of Canada, said in a recent speech to tomorrow’s bankers at the Richard Ivey School of Business that even the G-20 reforms will not be sufficient to rebuild this aspect of the economy.

According to a new report, the middle class, women, and seniors have been stellar investors in the Tax Free Savings Accounts, amongst the 8.2 million Canadians who opened one up to the end of 2011.

In a recent case the ‘Tie Breaker’ rules were used to determine the tax status of a group of American business people working in Canada in Dysert v. The Queen (2013) TCC 57.