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Canadian flag

Tax commitments, trade measures, new vision to drive deficits higher: Scotia

Canadian economy

Tax cuts required for a more competitive Canada, say separate reports from the Investment Industry Association of Canada, C.D. Howe Institute

  • By: IE Staff
  • March 19, 2025 March 19, 2025
  • 15:26
CRA signage

CRA continues to 'assess its financial position,' committed to 'high-quality service': spokesperson

CRA tax

CRA provides more time to issue tax slips, corporations no longer get penalty relief

Tax reduction and deduction for businesses and individuals. Concept with hand turning knob to low taxation rate. Return form, exemptions, incentives.

Basic personal amount would increase, and small biz tax rate would drop while threshold would increase to $700K

CRA highlights AMT, capital gains, Canada carbon rebate and more

  • By: IE Staff
  • February 13, 2025 February 20, 2025
  • 16:47
Video conference screen

Some employees may have larger deductions using detailed method relative to temporary flat-rate method

CRA signage

CRA is “trying to have it both ways,” legal counsel says

Life in time of COVID-19: Mature woman working on computer from home at the stand up desk. She has long grey hair and dressed in casual black outfit. Interior of living room set up with home office station, next to window.

Updates related to home office expenses aim for simplicity

donation

Finance releases draft legislation, adds to tax-filing uncertainty