A Quiet Budget Season… for Once In more than 40 years of publishing client newsletters, this is only the third or fourth time that I did not circulate a Federal Budget newsletter, simply because there were not enough meaningful measures to warrant one. It is now looking increasingly likely that the 2024 Federal Budget may not be passed before the House of Commons rises for the year. As a result, a number of proposed measures remain uncertain as we approach December 31. Capita

These are challenging times for business owners. Companies are facing uncertainty, and market values are down. While tax planning might...

Every professional has encountered it: a client eager to “sell” a property to a spouse, child, or business partner for $1.00—often with...

As of January 1, 2023, the Canadian government introduced a new tax rule to prevent quick property flipping. If you buy and sell a home...

A Lifetime Capital Gains Exemption (LCGE) exists for “qualified small business corporation shares” (QSBC Shares) and for farming and...

Ensure Your Business Qualifies as a Qualified Small Business Corporation As a business owner, protecting your financial future is a...

What is a Trust? A trust is not, strictly speaking, a separate legal or tax entity. It is a relationship among three parties: The Settlor...

Much time and effort in recent years has been devoted to avoiding the need for probate.  Probate is a court process whereby the Court...

Another year has flown by, and it is time to consider year-end tax planning. In most years the basics don’t change but this year we are...

On April 16, 2024, the Deputy Prime Minister and Finance Minister, the Honourable Chrystia Freeland, presented Budget 2024 – Fairness for...

This afternoon, Finance Minister Chrystia Freeland tabled the 2023 Budget. There has been a lot of talk in recent days about help for...

We hear a lot these days about the housing crisis. There is no question that there is an affordable housing crisis, but, as usual,...

Another tax year has flown by, and it is time to consider some year-end tax planning. The good news is that the Government has not raised...

This afternoon, Finance Minister Chrystia Freeland tabled the Fall Economic and Fiscal Statement. Although there have been times that the...

Many of you have been reading my newsletters for years and have read many postings from me about family income splitting using low rate...

This afternoon Finance Minister Chrystia Freeland tabled the 2022 Federal Budget. This is the first Budget since the last election and...

Just as the days and weeks seem to have flown by since the lockdowns started in March 2020, another tax year has flown by as well, and it...

This is really just an update to a newsletter that I sent out in May, 2020. The Good News Many of you have read my numerous articles over...

This quote from Sir Humphrey Appleby, the fictional Permanent Secretary and then Cabinet Secretary in the British series Yes Minister and...

Two weeks ago there was much excitement over a private member’s bill to make it reasonable for small business owners to keep their...