Articles

The Comprehensive & Progressive Trans-Pacific Partnership (CPTPP) The CPTPP agreement (formerly the 11-member Trans-Pacific Partnership agreement, or TPP-11) was signed by its member states, including Canada, on 8 March 2018. The agreement covers a market of 495 million people with a combined GDP of CAD$13.5 trillion, or nearly 13.5% of global GDP. Tariff liberalization commitments … Read more

On March 22, 2017, the Honourable Joe Ceci, President of Treasury Board and Minister of Finance, presented his fourth budget and the fourth budget of Alberta’s NDP government. The budget contained no new taxes, and no new tax increases or decreases that had not previously been announced. Highlights Deficit of $8.8 Billion predicted for 2018-19 … Read more

Bitcoin has taken the world by storm and if you jumped on even just a few months ago you may be sitting on a rather large gain. (Or a loss if you bought at it’s peak in December.) You may be wondering if any profits in your Bitcoin or other cryptocurrency accounts are taxable. The … Read more

“Stronger Services and Supports” On 20 March 2018, Nova Scotia Finance and Treasury Board Minister Karen Casey tabled the province’s fiscal 2018–19 budget.   The budget contains a few tax measures affecting individuals and corporations. Highlights Surplus of $21.3 million projected for 2017-18 Surplus of $29.4 million forecast for 2018-19 fiscal year No income tax … Read more

It’s tax season. For many small business owners in Canada, this is a season of dread: making sure your bookkeeping is in order and up-to-date, collecting receipts, and taking time to fill out the Canada Revenue Agency’s (CRA) often confusing tax forms. Unfortunately, waiting until the last minute can lead to increased stress; rushing to … Read more

Keeping Our Promises … Real Progress for Manitobans On March 12, 2018, the Honourable Cameron Friesen presented his third budget as Minister of Finance.   The budget contains several tax measures affecting individuals and corporations. Although the budget does not include any changes to Manitoba’s corporate or personal tax rates, it increases the amount of … Read more

AgriStability – What’s New for 2018 A new 2018 Program was recently announced and, while there were only some minor changes, it is an opportunity for you to evaluate your Ag Risk Management, which includes AgriStability as an option. AgriStability is one of the risk management programs that was offered under the Growing Forward 2 … Read more

Earlier this week we provided a summary of the 2018 federal budget. There were a lot of concerns about how this latest budget would affect Canadian small business owners. For starters, there are a large number of key items in the 2018 federal budget which small business owners should pay close attention to. For example, … Read more

On February 27, 2018, the Honourable Bill Morneau presented his third budget as Minister of Finance.   The 2018 Federal Budget, entitled “Equality and Growth,” focuses on: Improving the economic success of women and advancing Canada’s gender equality goals. Enhancing innovation funding to improve the competitiveness of the Canadian business environment. Continuing with its agenda … Read more

On 20 February 2018, British Columbia Finance Minister Carole James tabled the province’s fiscal 2018–19 budget. The budget contains several tax measures affecting individuals and corporations.  The minister anticipates a surplus of $219 million for 2018-19, and projects surpluses for each of the next two years. Highlights New child care program that makes care effectively … Read more