The federal government is adding its voice to the increasing clamour for a single securities regulator.In Tuesday’s federal budget, the government says it supports the conclusions reached by the federally constituted Wise Persons’ Committee that delivered its final report in December. Budget documents note the federal government agrees with the WPC’s finding that the ideal […]
Will also apply under tax regulations, rules and amendments
Prohibiting schemes to unload property with unused tax credits
Policy designed to plug tax revenue leakage caused by non-residents investing in funds and income trusts
Ottawa pre-empts pension funds' participation in income trusts
Education tax credit for those taking job-related post-secondary courses
Ottawa introduces new disbursement quotas and fairer penalties
Critics say proposed policy will hinder investment
Adjustments to be limited to 10 years
May set up bank for charities