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Condo buildings in downtown Montreal

Meanwhile, eliminating student loan interest would cost $2.7 billion over five years, the Parliamentary Budget Officer finds

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Here’s the status of proposals that matter to your clients

calculating numbers for income tax return with glasses pen and calculator

ETF investors' tax bills for the 2022 tax year could be higher than under the previous formula

Parliament Hill building closeup in Ottawa, Canada

Bill C-32 delays enhanced reporting requirements for trusts, but would implement a new tax credit, the surtax on banks and insurers, and more

Modern condo buildings with huge windows in Montreal, Canada.

The 12-month holding period would reset after the taxpayer took ownership of property

Canadian parliament in Ottawa

The update did not provide details on measures set to take effect soon

Parliament buildings at sunset

BoC to hike rate to 4%, 22-23 federal deficit to drop below $26 billion: PBO

Toronto skyline in financial district

The Parliamentary Budget Officer updated its revenue projections for the Canada Recovery Dividend and the surtax on banks and insurers

  • By: Melissa Shin
  • September 22, 2022 September 22, 2022
  • 11:35
Interior view of the Canada Commons of Parliament, Ottawa

Draft legislation includes expanded SBD access, definition of substantive Canadian-controlled private corporation

image of houses

Department of Finance releases details today that outline the age limit and allow unused contribution room to be carried forward