Below please find daily updates pertaining to the latest in financial, business, and tax news:
Tomorrow, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, joined by the Honourable Mona Fortier, Minister of Middle Class Prosperity and Associate Minister of Finance, will virtually convene the semi-annual Finance Ministers’ meeting with provincial and territorial colleagues. The Deputy Prime Minister and Finance Ministers will be joined by the Governor of the ...
Under the current tax rules, EI and CERB income are treated differently when determining tax relief under the Child Care Expense Deduction and the Disability Supports Deduction. ...
Today, the Department of Finance Canada announced the automobile income tax deduction limits and expense benefit rates that will apply in 2021....Fri, Dec 18, 2020
Today, Deputy Prime Minister and Minister of Finance, Chrystia Freeland, announced that Frédéric Seppey will be appointed Chairperson of the Canadian International Trade Tribunal (CITT) for a term beginning January 4, 2021. Mr. Seppey will replace Jean Bédard. This appointment was made via an open, transparent, and merit-based process....Fri, Dec 18, 2020
Today, the Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, announced that the government has concluded the necessary regulatory changes to raise the maximum wage subsidy rate to 75 per cent for the period beginning Sunday, December 20, 2020, until March 13, 2021. This support will be there for workers and businesses through the tough months ahead as we face the ...Thu, Dec 17, 2020
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced the Government of Canada will provide a record $83.9 billion in transfer funding for provinces and territories in 2021-22. ...Wed, Jan 06, 2021
Today, the Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, announced the 2021 Climate Action Incentive payment amounts for people who live in provinces that do not have a pollution pricing system of their own (Ontario, Manitoba, Saskatchewan and Alberta)....
Today, the Department of Finance published draft legislative proposals to protect jobs and safe operations at junior mining exploration and other flow-through share issuers, by extending the timelines for spending the capital they raise via flow-through shares....
To help Canadian businesses upgrade to low-carbon alternatives and keep Canadian industries competitive, the Prime Minister announced on March 2, 2020, the government’s intention to provide a full tax write-off for business investments in zero-emission automotive equipment and vehicles. ...
Today, the Honourable Mona Fortier, Minister of Middle Class Prosperity and Associate Minister of Finance, joined by the Honourable Bardish Chagger, Minister of Diversity and Inclusion and Youth and Member of Parliament for Waterloo, as well as Members of Parliament Tim Louis (Kitchener—Conestoga), Bryan May (Cambridge), and Raj Saini (Kitchener Centre), spoke with members of the Waterloo Regio...
The Canada Revenue Agency (CRA) understands that many students have been struggling with financial hardship during the COVID-19 pandemic. ...Thu, Jan 14, 2021
The Canada Revenue Agency (CRA) understands that the COVID-19 pandemic may have affected the usual ways seniors manage their taxes. ...Wed, Dec 09, 2020
The Canada Revenue Agency (CRA) would like to remind taxpayers and registrants that they have until December 31, 2020, to make a taxpayer relief request related to the 2010 tax year. ...Tue, Dec 08, 2020
As of October 19, 2020, our online Represent a Client (RAC) service allows you to submit legal documents, such as a will or a power of attorney, to identify you as a legal representative. ...Tue, Dec 08, 2020
No matter how you file your return, the Canada Revenue Agency (CRA) strives to ensure we process your tax return in a timely manner and get your refund to you quickly. ...Fri, Nov 27, 2020
Did you know? November is Financial Literacy Month in Canada. Financial literacy means having the knowledge, skills and confidence to make responsible financial decisions at any stage of your life. ...Tue, Nov 03, 2020
The maximum pensionable earnings under the Canada Pension Plan (CPP) for 2021 will be $61,600—up from $58,700 in 2020. ...Tue, Oct 20, 2020
Across Canada, employers are working hard to navigate through these uncertain times. ...Tue, Sep 29, 2020
The Canada Revenue Agency (CRA) is warning Canadians about getting involved in tax schemes where promoters, including some tax representatives and tax preparers, are claiming that individuals can get a tax write-off by claiming a bad-debt deduction. ...Fri, Sep 25, 2020
The Canada Revenue Agency (CRA) announced today the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to individuals and corporations. ...
Error retrieving news feed.
By combining our expertise, experience and the team mentality of our staff, we assure that every client receives the close analysis and attention they deserve. Our dedication to high standards, hiring of seasoned tax professionals, and work ethic is the reason our client base returns year after year.
ESG Chartered Professional Accountants LLP
© 2021 ESG Chartered Professional Accountants LLP All Rights Reserved.
DT Web Builder: Websites for Accountants