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Federal Government Defers Capital Gains Inclusion Rate Increase to 2026

The Minister of Finance and Intergovernmental Affairs, Dominic LeBlanc, announced that the federal government will postpone the implementation of the proposed increase to the capital ...
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Calculating 2025 RRIF Minimum Withdrawals

or clients who have rolled their Registered Retirement Savings Plan (“RRSP”) over to a Registered Retirement Income Fund (“RRIF”) or who have an existing RRIF ...
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Understanding the RRSP Deduction Limit Statement

Every year clients look at the RRSP Deduction Limit Statement on their Notice of Assessment and ask similar questions.
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Tax-Free First Home Savings Account

The First Home Savings Account (“FHSA”) was introduced in the 2022 Federal Budget to address the increasing difficulty Canadians are experiencing in buying a first ...
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TFSAs 101

The Tax-Free Savings Account (TFSA) allows Canadians to save and invest funds tax free in order to fund a wide variety of short and long-term ...
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Prorogation Purgatory: What Parliament’s Shutdown Means for Proposed Tax Changes

Download this PDF here. On January 6, 2025, Prime Minister Justin Trudeau resigned, effective upon selection of a new leader of the Liberal Party of ...
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