Capital gains tax changes aren’t in the budget bill — but still coming: Freeland
Canada's Finance Minister Chrystia Freeland affirmed her commitment to introduce changes to how capital gains are taxed, despite the measure not being included in the budget bill.
Politics
Apr 30
Capital gains changes spur cottage market ‘anxiety.’ Will owners rush to sell?
Owners in Canada's cottage market are grappling with changes proposed in the 2024 federal budget that could affect taxes on capital gains. Here's how the market could react.
Money
Apr 30
Budget 2024 makes changes to capital gains tax. Who will it affect?
The changes to capital gains taxation have been billed as a way to ensure the government can make up some for some of the big spending measures announced in Tuesday’s budget.
Canada
Apr 17
Here’s what to know about changes to capital gains taxes in Budget 2024
Budget 2024 proposes a change to how capital gains are taxed in Canada. Here’s who could see the biggest impact on their pocketbook.
Money
Apr 16
How capital gains tax changes could affect some family doctors
Some family doctors have warned that the changes to capital gains taxation will affect their ability to save for retirement and their families' futures.
Canada
Apr 20
Budget 2024 tries to sell youth a more affordable life with billions in spending
The Liberal government’s 2024 federal budget includes tax changes and efforts to make life more affordable for millennial and gen Z Canadians.
Money
Apr 16
Electricity, gas bills could rise given proposed tax change. Why?
Electricity Canada is sounding the alarm over a proposed tax change it warns could see some private utilities saddled with millions in additional income taxes.
Consumer
Mar 5
Ontario is changing what developers pay to build. Feds say it means ‘higher taxes’
Tensions between the Ford and Trudeau governments are continuing on the housing file. Now, Ottawa says changes to development charges amount to higher taxes.
Politics
Apr 17
CRA’s bare trust filing change had costly consequences: ‘A lot of angry people’
The CRA announced last week that it is no longer requiring bare trusts to file a tax return this year, but it's left some taxpayers and accountants fronting the cost.
Money
Apr 7
CRA no longer requiring tax return for bare trusts this year
The CRA says it’s making the change after the new reporting rules around bare trusts had an “unintended impact on Canadians.”
Money
Mar 28
Canada grounded Boeing MAX-8s after chance encounter led to new data: docs
The data that the Canadian government relied on to ground Boeing MAX-8 jets in 2019 was the result of a chance encounter at a European aviation conference, documents suggest.
Canada
Apr 29
Toronto vows to waive vacant home tax late fees after rollout ‘mess’
Anyone who was wrongly hit with a late fee for failing to submit details under the vacant home tax is being told to ignore the charge as the city grapples with a chaotic rollout.
Canada
Apr 5
Brampton man charged in charitable tax fraud case involving $34 million
The CRA says a Brampton man was a partner in a tax preparation business known as E & F Tax Associates or as Bankay Financial Services Inc. in Toronto and Brampton.
Crime
Mar 22
Four premiers to tell a House of Commons committee to ditch carbon price increase
Conservative premiers from Alberta, Saskatchewan, Nova Scotia, and New Brunswick will be grilled by MPs on their views about the carbon tax and climate change.
Canada
Mar 26
Manitoba government plans to lift ban on homegrown recreational cannabis
The Manitoba government is planning to end its ban on homegrown recreational cannabis — a move that would leave Quebec as the only province with such a restriction.
Politics
Apr 23
Capital gains changes are ‘really fair,’ Freeland says, as doctors cry foul
The Canadian Medical Association is asking the federal government to reconsider its proposed changes to capital gains taxation, arguing it will affect doctors' retirement savings.
Canada
Apr 23
Kinew can change Manitoba carbon pricing, but likely not until 2027
Manitoba Premier Wab Kinew wants to take a look at how the federal carbon price is applied in the province, but residents likely won't see any change for three years.
Canada
Jan 25
Tax filing is open: Here are the changes to know about in 2024
The 2024 tax filing season is officially open. Here are the changes to know about, particularly for remote workers and Canadians saving for their first home.
Canada
Feb 19
S&P/TSX composite index little changed Tuesday, U.S. markets mixed
Canada's main stock index was little changed Tuesday as bank earnings began to roll in, while U.S. markets were mixed.
Economy
Feb 27
Man faces voyeurism, child pornography charges after incidents at St. Albert tanning salon
A 37-year-old man has been charged with possession of child pornography and nearly two dozen counts of voyeurism following an investigation at a St. Albert tanning salon.
Crime
Feb 23