Canada Taxes
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Canada’s tax deadline has arrived. What happens if you file late?Monday, May 1 is the tax deadline this year. If you miss the date and end up owing money to the Canada Revenue Agency, here's what you need to know.MoneyMay 1
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Tax season: How getting married, becoming common law impacts your filingAs more Canadians enter common-law relationships, experts are encouraging young couples to educate themselves on the tax implications.MoneyApr 20
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Some of your tax credit payments might be delayed, CRA warns. Here’s whyA 'technical issue' at the Canada Revenue Agency is resulting in delays to some payouts of the GST/HST credit and Ontario Trillium Benefit.MoneyApr 10
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CRA ‘confident’ a compromise is possible as tax season strike fears growWhat could a tax worker strike mean for you? The Canada Revenue Agency says it will be 'transparent' about service impacts if the strike happens.CanadaApr 8
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CRA workers vote in favour of strike action as tax deadline nearsNearly 35,000 CRA workers have been without a contract for more than a year and the government has yet to respond to wage proposals, their union says.CanadaApr 7
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CRA to roll out new automatic tax filing system. Here’s what to knowThe Canada Revenue Agency will pilot a new automatic system next year to help vulnerable Canadians who don't file their taxes get their benefits.CanadaMar 30
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Experts advise to submit tax returns early and online as potential CRA strike loomsAs tax season is underway, experts are advising people to file their taxes early as a potential strike looms for Canada Revenue Agency workers.CanadaFeb 27
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Canadians missing out on benefits delivered by CRA when taxes not filedCanadians who don't file their tax returns are sometimes shocked to find out how much money they're owed by the government for years of missed benefits.MoneyDec 16, 2022
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Top companies paid $30B less in corporate taxes than expected: reportThe report analyzed 123 Canadian corporations worth at least $2 billion and found the effective or actual tax rate paid by these companies was about 15%.MoneyOct 4, 2022
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New taxes on banks, life insurers could generate $5.3B over 5 years: PBOFinance Minister Chrystia Freeland is also proposing to hike the corporate tax rate on bank and insurance profits over $100 million.CanadaSep 22, 2022
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