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The company which employing disable people will receive tax deductions benefits.

Canada Disability Benefit gets $6.1B in funding

Maximum annual benefit is $2,400, and payments expected to begin in July 2025

CRA receives boost from Budget 2024

Automatic tax filing pilot to benefit low-income Canadians

Entrepreneurs to get tax break on capital gains inclusion

Feds propose Canadian Entrepreneurs’ Incentive

Binder with papers

Budget 2024 expands CPP benefits

The death benefit has been doubled for some contributors

House of commons

Feds clarify requirements for EOT tax exemption on capital gains

Budget 2024 provided details on how exiting business owners can qualify

House of Commons in Ottawa

Feds provide fix to new AMT regime to ease charities’ concerns

Individuals can claim 80% of donation tax credit, up from previously proposed 50%

Canada Parliament and Canadian Flag over blue sky.

Feds raise capital gains inclusion rate to 66.6% for high earners, starting June 25

Higher new rate applies on gains above $250,000 for individuals, and all gains realized in corps and trusts

Canadian Parliament in Ottawa

Budget 2024 pledges $53B in new spending

Government keeps $40-billion deficit from rising in annual budget

Filing a tax document online

CRA launches new verification method for online access

The new verification process will be more convenient, but not all taxpayers will benefit

Feds to propose funding for CRA real estate audits in 2024 budget 

Ottawa said it is targeting tax fraud in the housing sector

FP Canada announces CFP exam results for February

Pass rate for first timers was 72%

  • By: IE Staff
  • April 12, 2024 April 12, 2024
  • 15:12

JPMorgan again warns investors about uncertain year ahead

Warning comes as big U.S. banks issue mixed profit reports

Canadian flags in business district

OSFI limiting leverage in bank mortgage portfolios

Measure aims to reduce risk of borrowers being unable to pay their loans

pot hole bad roads

Title protection harmonization faces bumpy road

As Ontario stakeholders fume over the latest approved credential, other provinces consider the correct course

home sale

Feds boost home buyers plan withdrawal limit to $60,000

Expanded HBP, combined with FHSA, could help first-time buyers build down payment faster

RBC Bank branch stock photo

RBC faces questions on climate, Indigenous rights at AGM

Many questions focused on how the bank ensures consent for projects it funds

Governor Tiff Macklem and senior deputy governor Carolyn Rogers

Why BoC raised neutral rate

Central bank expects interest rates to land at a higher level — an important consideration for clients with debt

announcement

Wes Hall co-founds Indigenous real estate advisory

Firm works with clients to implement modern construction methods, deliver ESG outcomes

  • By: IE Staff
  • April 10, 2024 April 10, 2024
  • 12:54
Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

Switzerland lays out new too-big-to-fail rules in wake of Credit Suisse banking turmoil last year

Measures will aim to boost liquidity at financial institutions and rein in excessive banker bonuses

Tiff Macklem

After holding policy rate once again, Macklem says rate cut in June possible

Data this year have increased central bank’s confidence that inflation will continue to slow

people with questions

Pay down debt or buy that mutual fund?

A Mercer report analyzes impact of interest rates on different generations' financial decisions

  • By: IE Staff
  • April 9, 2024 April 9, 2024
  • 16:07

Start early on Canadian departure tax planning    

Building in plenty of lead time prior to leaving the country can save clients money

concept of time

Momentum building for T+1 in Europe

Industry trade groups line up behind U.K.'s call for move by 2027

Tax returns storage

CRA’s focus on real estate audits paying off

Agency assessed $2.7 billion in additional tax and penalties from 2015 to 2023

Laurentian bank logo on building

IAPW expects smooth transition for Laurentian advisors

Two firms use same vendors, and iA has experience recruiting corporate advisors