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
Top Stories in Tax
CRA announces increase in prescribed rate for Q2 2023
Rate to rise for the fourth consecutive quarter
- By: Rudy Mezzetta
- March 29, 2023 March 29, 2023
- 15:19
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
- By: Melissa Shin
- March 29, 2023 March 29, 2023
- 13:55
Golombek’s 2023 budget highlights
What clients need to know about the AMT, RESPs, intergenerational transfers and more
- By: Maddie Johnson
- March 29, 2023 March 29, 2023
- 09:30
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
Liberals go after predatory lending
In another measure aimed at vulnerable Canadians, the CRA will pilot automatic tax filing in 2024
- By: Staff, with files from The Canadian Press
- March 28, 2023 March 28, 2023
- 18:02
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
- By: The Canadian Press
- March 28, 2023 March 28, 2023
- 17:37
Government proposes changes to financial institutions’ dividend deduction
The proposal follows the surtax and recovery dividend introduced in last year's budget
- By: Mark Burgess
- March 28, 2023 March 28, 2023
- 16:52
Budget 2023 shuts down loopholes left in Bill C-208
Budget 2023 proposes changes to framework of intergenerational business transfers
- By: Rudy Mezzetta
- March 28, 2023 March 28, 2023
- 16:45
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
- By: Rudy Mezzetta
- March 28, 2023 March 28, 2023
- 16:35
Feds boost limit on allowable EAP withdrawals from RESPs
Budget 2023 also proposed changes to allow divorced or separated parents to open joint RESPs
- By: Rudy Mezzetta
- March 28, 2023 March 28, 2023
- 16:11
Feds to overhaul alternative minimum tax in bid to target top earners
The proposed changes take aim at deductions, credits and other tax strategies
- By: Mark Burgess
- March 28, 2023 March 28, 2023
- 16:09
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
- By: Melissa Shin
- March 28, 2023 March 28, 2023
- 09:38
Federal budget to increase RESP withdrawal limit: source
Finance Minister Chrystia Freeland has promised targeted inflation relief for low-income Canadians
- By: Nojoud Al Mallees, The Canadian Press, Mia Rabson, The Canadian Press
- March 27, 2023 March 27, 2023
- 14:17
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
- By: Michael MacDonald, The Canadian Press, Lyndsay Armstrong, The Canadian Press, Staff
- March 23, 2023 March 23, 2023
- 14:22
Feds have little capacity to raise personal tax rates, experts say
Liberal government more likely to focus on AMT, capital gains in Budget 2023
- By: Rudy Mezzetta
- March 22, 2023 March 22, 2023
- 17:06
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
- By: Michael McKiernan
- March 14, 2023 March 17, 2023
- 16:19
Raymond James acquires Solus Trust
Vancouver-based trust company manages $400 million in assets
- By: Rudy Mezzetta
- December 6, 2022 December 6, 2022
- 14:15
Former fund rep sanctioned over clients’ estate disclosures
Potential conflicts involving clients' wills weren't reported to dealer
- By: James Langton
- November 14, 2022 November 14, 2022
- 16:52