Taxes
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Budget 2025 made some changes to tax policy. What does it mean for you?Tax policy experts say that while this year’s budget has 'not a lot for the average person' in terms of tax policy, some minor changes could end up affecting your tax bill.EconomyNov 5
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CRA gave accurate tax info to 17% of individual callers: AG reportAuditor General Karen Hogan's report said most callers waited an average of 31 minutes, with just 18 per cent of calls meeting the CRA service standard of within 15 minutes.CanadaOct 21
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Should Ottawa raise the GST to pay down debt or fund more spending?A group of Canadian business leaders agree with the idea of increasing the GST if the government needs to generate revenue quickly.ConsumerOct 2
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‘Very unfair’: Property taxes up 20% in cash-strapped Ontario townThe tiny northern Ontario community of Fauquier-Strickland says it's in a financial crisis with a $2.5-million operating deficit, sending shock waves through the community.PoliticsSep 26
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Need to disclose a tax mistake? The CRA says these coming changes will helpNew changes announced to the CRA's Voluntary Disclosures Plan could make it easier to find 'some financial relief' during the next tax filing season.ConsumerSep 11
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Is now the time to overhaul Canada’s Old Age Security? Why some urge yesA 'think and change tank' is recommending the federal government overhaul its Old Age Security program, saying it could unlock billions in savings that could benefit those in need.EconomyAug 13
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The tax deadline for self-employed Canadians is days away. What to knowThe deadline for self-employed individuals is June 16 in 2025, and waiting until the last minute may mean missing important details.MoneyJun 11
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Will Trump’s budget bill tax Canadians more? What to know about fearsCanadian investors are sounding the alarm as U.S. President Donald Trump seeks to get his spending bill passed, some experts are concerned it will mean paying more in taxes.CanadaMay 28
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It’s tax deadline day for most Canadians. Why it’s important to file nowLate tax filers could see a five per cent penalty on their balance owing and an additional one per cent for each full month that they delay filing after the due date.CanadaApr 30
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Tax refunds are arriving and Gen Z are the most likely to invest it: surveyA new survey from TD Bank found Gen Z are the most likely Canadians to invest their tax refunds once received, but also may be unclear on how some savings accounts work.CanadaApr 23
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