Tag Archives: Canada Revenue Agency

If you’re part of a joint bank account or have co-signed a mortgage, you might be part of something called a “bare trust” agreement that many Canadians will have to file a tax return for in the coming weeks. Bare trusts aren’t new, but this year is the first time …

The 2024 tax filing season comes with a few key changes for Canadians who work from home, sold a home or are saving to buy their first one. Here are some of the significant changes to tax credits and deductions to be aware of, as well as the key dates …

A government audit of one of Canada’s largest Muslim charities alleges some of its directors and employees were involved in “an apparent Hamas support network.” Canada Revenue Agency auditors cited the “troubling” allegation as one of the reasons it felt there were grounds to revoke the charity status of the …

A British Columbia Supreme Court judge has approved the bulk sale of more than 1,200 kilograms of cannabis by a company after the Canada Revenue Agency threatened to destroy it. In a ruling released online this week, the court allowed Tantalus Labs Ltd. to move ahead with a hasty sale …

The Canada Revenue Agency (CRA) says 20 employees have been terminated after an internal review found they claimed COVID-19 benefits while still working at the tax authority. The CRA said in a late Friday statement that more workers could be fired as it investigates about 600 employees who may have …

The CEO of Shopify is vowing to fight a request from the Canada Revenue Agency asking the e-commerce company to provide it with six years’ worth of merchant records. “I don’t particularly want a fight with the CRA (Canada’s tax authority)- but we got asked to backchannel them six years of records …

Descrease article font size Increase article font size Some Canadians have not received their entitled tax credit payments due to a “technical issue,” according to the Canada Revenue Agency. The CRA said the issue is affecting payouts of the GST/HST credit and the Ontario Trillium Benefit to some taxpayers. The …

More than 35,000 Canada Revenue Agency workers will soon vote on whether to go on strike this tax season after being without a contract for more than a year, their union says. The Public Service Alliance of Canada and the Union of Taxation Employees (PSAC-UTE) will launch strike votes later …

Canadians who don’t file their tax returns are sometimes shocked to find out how much money they’re owed by the government for years of missed benefits, says the head of a non-profit organization working to build financial literacy among low-income people. Prosper Canada CEO Elizabeth Mulholland says her organization collaborates …