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As launch date approaches, Canadians may have to wait a bit longer for FHSAs

Firms are scrambling to set up back-office systems and internal procedures for the complex accounts

The Canada Revenue Agency sign outside the National Headquarters at the Connaught Building in Ottawa is seen on Monday, March 1, 2021. CRA Tax

CRA announces increase in prescribed rate for Q2 2023

Rate to rise for the fourth consecutive quarter

Business people, entrepreneur, business, small business concept

Employee ownership trusts introduced, but with no incentives

Advocate suggests EOT legislation, as proposed in the 2023 federal budget, will not lead to increased employee ownership

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Golombek’s 2023 budget highlights

What clients need to know about the AMT, RESPs, intergenerational transfers and more

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Federal budget 2023: What you need to know

All of Advisor.ca’s 2023 federal budget coverage in one place

  • By: Staff
  • March 28, 2023 March 28, 2023
  • 18:24
Hands Giving & Receiving Money

Liberals go after predatory lending

In another measure aimed at vulnerable Canadians, the CRA will pilot automatic tax filing in 2024

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Feds outline $83B in clean economy tax credits in bid to compete with U.S. incentive

The credits are for investments in clean electricity, clean-tech manufacturing and hydrogen


Government proposes changes to financial institutions’ dividend deduction

The proposal follows the surtax and recovery dividend introduced in last year's budget

Workers In Family Business Standing Next To Van

Budget 2023 shuts down loopholes left in Bill C-208

Budget 2023 proposes changes to framework of intergenerational business transfers


Government proposes including siblings in definition of ‘qualifying family member’ for RDSPs

Tuesday's budget also proposes extending a measure that was set to expire this year

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Feds boost limit on allowable EAP withdrawals from RESPs

Budget 2023 also proposed changes to allow divorced or separated parents to open joint RESPs

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Feds to overhaul alternative minimum tax in bid to target top earners

The proposed changes take aim at deductions, credits and other tax strategies

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CRA waives penalties for late-filing the underused housing tax return

Affected owners have until Oct. 31 to file or pay before incurring interest and penalties

Federal budget to increase RESP withdrawal limit: source

Finance Minister Chrystia Freeland has promised targeted inflation relief for low-income Canadians

Nova Scotia leaves tax rates alone, but provides relief to nurses

Repairing the health-care system is the centrepiece of the provincial government's $14.4-billion budget

Feds have little capacity to raise personal tax rates, experts say

Liberal government more likely to focus on AMT, capital gains in Budget 2023

Court refuses to force capacity assessment on unwilling senior

B.C. decision could close door on court-ordered capacity assessments, highlighting the importance of helping clients establish estate documents

Raymond James acquires Solus Trust

Vancouver-based trust company manages $400 million in assets

Former fund rep sanctioned over clients’ estate disclosures

Potential conflicts involving clients' wills weren't reported to dealer