Articles: Tax Preparation

Last updated: Apr. 10, 2023 Federal Budget 2023 Highlights On March 28, 2023, the 2023 Federal Budget was released by Deputy Prime Minister and Federal Finance Minister, Chrystia Freeland. The Budget is anticipated to result in a deficit of $43 billion for 2022 – 2023, and deficits of $40.1 billion for the 2023 – 2024 budget … Read more

Last updated: Mar. 30, 2023 New Brunswick Budget 2023 Highlights On March 21, 2023, the New Brunswick Budget was delivered by Finance Minister, Ernie Steeves. The Budget is anticipated to result in a surplus of $862.6 million for the 2022-2023 fiscal year, and a $40 million for the 2023-2024 budget year. Here we’ll provide a summary … Read more

Last updated: Mar. 30, 2023 Newfoundland and Labrador Budget 2023 Highlights The Newfoundland and Labrador Budget was released by Finance Minister, Siobhan Coady on March 23, 2023. The Budget is anticipated to result in a surplus of $784 million for 2022 – 2023, and a deficit of $160 million for the 2023-2024 budget year, and $297 … Read more

Last updated: Mar. 27, 2023 Saskatchewan Budget 2023 Highlights The 2023 Saskatchewan Budget was delivered by Finance Minister, Donna Harpauer on March 22, 2023. The Budget is anticipated to result in a surplus of $1.15 billion for 2022 – 2023, and surpluses of $1,017 million for the 2023-2024 budget year, and $208 million for the 2024-2025 … Read more

Last updated: Mar. 23, 2023  At tax time, we’re consumed with finding every deduction we can to lower our final tax bill. One that is commonly missed (and misused) is interest expense deductions. As a small business owner or farmer, you are entitled to deduct certain types of interest payments related to your business or … Read more

Last updated: Mar. 10, 2023  The list of medical and disability tax credits and deductions is longer than most Canadian taxpayers realize and it’s not difficult to miss an eligible expense or credit. The Income Tax Act offers a wide range of tax credits and deductions to persons who are ill or disabled, or support … Read more

Last updated: Mar. 10, 2023 Manitoba Budget 2023 Highlights The 2023 Manitoba Budget, titled “Historic Help for Manitobans”, was released by Finance Minister Cliff Cullen on March 7, 2023. The Budget is anticipated to result in a deficit of $378 million for 2022–2023, and deficits of $363 million for the 2023-2024 budget year, and $294 million … Read more

Last updated: Mar. 7, 2023 British Columbia Budget 2023 Highlights The 2023 British Columbia Budget was released by Finance Minister Katrine Conroy, on February 28, 2023. The Budget is anticipated to result in a surplus of $3.592 billion for 2022 – 2023, and a deficit of $4.2 billion for the 2023-2024 budget year. No corporate or … Read more

Last updated: Mar. 6, 2023 Alberta Budget 2023 Highlights The 2023 Alberta Budget was delivered by the Finance Minister, Travis Toews, on February 28, 2023. The Budget is anticipated to result in surpluses of $10.4 billion for 2022 – 2023, then $2.4 million in the 2023-2024 fiscal year and $2million in the following year. No corporate … Read more