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When she was growing up in Australia, Carla de Jong remembers watching the iconic Canadian TV show Degrassi — which at the time was airing on Australia’s public broadcaster. “I love the example of Degrassi, which is a wonderful Canadian series…. And it showed me as an Australian teenager what …
Read More »Poilievre calls for federal tax holiday on fuel as gas prices spike
Listen to this article Estimated 3 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Conservative Leader Pierre Poilievre is calling on the government to temporarily pause federal taxes on gas …
Read More »Premier Wab Kinew calls 2024 gas tax holiday ‘the most important thing’ a Manitoba government has ever done
Listen to this article Estimated 3 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Premier Wab Kinew says his government’s gas tax holiday was the most important thing a Manitoba …
Read More »How good is Alberta ‘tax advantage’ when it requires deficit borrowing?
Amid all the ups and downs in Alberta’s annual budgets, here’s one thing that has remained constant over the decades. Whether the province is awash in surpluses or drowning in red ink, there’s always a chart found toward the back of the provincial fiscal plan. This year, it’s on page …
Read More »New year, new tax measures: What to expect in 2026
The coming year will see some changes to existing tax measures, the abandonment of others and some help for personal support workers. But overall changes to the taxes individuals pay will be minor in 2026. Daniel Rogozynski, an accountant and professor at the University of Waterloo, says the changes impacting …
Read More »World Cup hotel tax increase could hurt larger tourism industry, Toronto hotel association says
The Greater Toronto Hotel Association says a hotel tax increase introduced for Toronto’s FIFA World Cup games next year might be having a negative effect on tourism and travel to the city unrelated to the tournament. A 2.5 per cent increase to the Municipal Accommodation Tax (MAT) started in June …
Read More »Carney announces long-awaited automatic tax filing, makes school food program permanent
The Liberal government will begin rolling out a long-awaited automatic tax filing system for low- income Canadians and make the national school food program permanent in advance of a federal budget that the prime minister is promising will lay the groundwork to support the country’s most vulnerable citizens. Prime Minister …
Read More »How Google Maps helped one Toronto commuter beat traffic — and the tax collector
A simple question lies behind Patrick de Kruyff’s Tax Court of Canada victory last month over the Canada Revenue Agency (CRA): Who on earth would suggest taking Toronto’s Don Valley Parkway at rush hour? An auditor in Vancouver, that’s who. The Toronto-based financial advisor reluctantly uses the words “smoking gun” when …
Read More »Inflation rate drops to 1.7% in April, driven by lower energy prices after carbon tax removal
Canada’s inflation rate eased to 1.7 per cent in April, driven by a drop in prices after the federal government removed the consumer carbon tax, according to Statistics Canada. The slowdown came after the inflation rate hit 2.3 per cent in March. Lower crude oil prices were also a factor in …
Read More »The U.S. tax loophole that made Shein and Temu rich is changing. What will happen to the brands now?
For years, Shein and Temu used a U.S. tax loophole to keep their costs low and send items to the country ultra-quickly. Not anymore. U.S. President Donald Trump signed an executive order on April 2 to end the de minimis exemption — a rule that allows small packages worth less than …
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