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U.S. President Joe Biden on Sunday night pardoned his son, Hunter, sparing the younger Biden a possible prison sentence for federal felony gun and tax convictions and reversing his past promises not to use the extraordinary powers of the presidency for the benefit of his family. The Democratic president had previously …
Read More »Meet the groups spending the most on social media ads attacking the carbon tax
This story is a collaboration between the Investigative Journalism Foundation and CBC Saskatchewan. Conservative Leader Pierre Poilievre says the next election will be the “carbon tax election,” but his campaign isn’t the only one calling for an end to Canada’s carbon pricing policy. The Investigative Journalism Foundation (IJF) analyzed social …
Read More »Canada’s digital services tax set for a reckoning with U.S.
The fight over Canada’s controversial digital services tax may escalate this week as the deadline looms for the Biden administration to decide whether to proceed with dispute arbitration amid threats of retaliation from Donald Trump’s incoming administration. On Aug. 30, United States Trade Representative (USTR) Katherine Tai filed an official …
Read More »Inside N.S. businessman John Risley’s huge tax fight with the CRA
One of Nova Scotia’s most prominent and wealthy businessmen is locked in a massive income tax battle with the Canada Revenue Agency, one that spans two decades and includes a sprawling seaside mansion, a high-performance dressage horse operation and three luxury yachts. The federal government is claiming seafood baron John …
Read More »Manitoba extends gas tax holiday through end of calendar year – Winnipeg
Descrease article font size Increase article font size Manitoba’s gas tax holiday will extend until the end of the year, the province says. During his 2023 election campaign, Wab Kinew promised to eliminate the gas tax for six months. The tax holiday, which started Jan. 1, has been extended several …
Read More »Toronto’s vacant home tax gets ‘complete redesign’ after botched rollout
Toronto’s vacant home tax is getting a “complete redesign” for the 2024 tax season after last year’s botched rollout led to a flood of complaints. City officials unveiled the proposed changes to the vacant home tax (VHT) during a media briefing on Tuesday. Stephen Conforti, chief financial officer and treasurer, …
Read More »Digital services tax could hit U.S. trade talks, lobby group warns Ottawa – National
One of Canada’s most influential business lobby groups is warning Ottawa about damage to the relationship with the United States after the Biden administration escalated efforts to halt the federal government’s tax on large foreign digital services companies. The Business Council of Canada called for the digital services tax to …
Read More »Tax hike or service cuts? Edmonton faces another year of budget pressure – Edmonton
Without service cuts, Edmontonians could face a 13 per cent tax hike next year. Councillors were given a preview of next year’s financial outlook at Wednesday’s executive committee meeting. A preliminary estimate projects a tax levy increase of 13 per cent in 2025 without making any adjustments. With some adjustments …
Read More »Ontario developer coalition asks governments for tax breaks to pass on to homebuyers
A coalition of Ontario developers has written to three levels of government to ask for a reduction in taxes on new housing, saying it will pass on those savings dollar for dollar to homebuyers. The new group, called the Coalition Against New-Home Taxes, or CANT, is composed of 18 developers who collectively …
Read More »Psychotherapy, counselling services are now tax exempt in Canada – National
Descrease article font size Increase article font size Certain psychotherapy and counselling services in Canada are now exempt from sales tax collection in an attempt to make mental health care more affordable for Canadians. The Canada Revenue Agency said in a news release on Monday that certain psychotherapists and counselling …
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