Finance News – Canada
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Doubled tariffs raise concerns Canadian steel could be shut out of U.S., but some companies say they...
The increased duties on steel imports may significantly impact Canadian producers' access to the U.S. market, prompting certain firms to explore strategies to adapt to the evolving...
Read Full Article →Complicated tax rules can lead to unexpected GST/HST on real estate
Understanding complex tax regulations is crucial, as it may result in unforeseen goods and services tax or harmonized sales tax liabilities related to property transactions, affect...
Read Full Article →You’ve been flagged for a CRA audit. Here’s what happens next
Being selected for an audit by the tax authority can lead to financial scrutiny, potential adjustments to your tax obligations, and the importance of managing stress to navigate th...
Read Full Article →After Trump vows tariffs on foreign movies, the Canadian film industry says he's lost the plot
Imposing steep tariffs on international films could disrupt revenue streams and trade relationships, potentially causing significant economic challenges for the Canadian movie mark...
Read Full Article →Beware of the tax rules for principal residences if you own a large lot
Understanding tax regulations regarding principal residences is crucial for property owners, as exemptions apply only to lots up to half a hectare, impacting the potential tax bene...
Read Full Article →A deep dive into South Bow’s big dividend, and a capital gains tax riddle
Analysts indicate that South Bow's dividend is stable, though they foresee no imminent increases and highlight complexities surrounding capital gains tax that may impact investor d...
Read Full Article →With many ‘little cash pots,’ how should Arden, 65, and Trent, 59, set up for retirement in a few ye...
Arden and Trent face financial planning challenges as they seek to optimize the transfer of Arden's inherited U.S. retirement account to Canada, minimizing potential tax implicatio...
Read Full Article →Tackling a trio of tricky tax questions
The Canada Revenue Agency is currently facing several challenges that have led to significant confusion for taxpayers, potentially affecting compliance and the agency's overall fin...
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