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Do you have to pay tax on your residential property in Canada?
The federal government introduced the Underused Housing Tax (UHT) to deter non-resident investors from owning vacant or underused residential property...
Bare trust arrangements and the new trust reporting regime in Canada
Bare trust arrangements are now subject to the filing requirements of a T3 Trust Income Tax and Information return...
Your path to a quality auditor
As your business grows and becomes more complex, your audit needs evolve. You might feel an increasing need for industry specificity, or perhaps your data management challenges demand modern...
2023 Canada Federal Budget: Detailed commentary
On March 28, 2023, Deputy Prime Minister and Minister of Finance Chrystia Freeland released Canada’s 2023 Budget (Budget 2023)...
2023 Canada Federal Budget: Industry highlights
Key industry insights and highlights on Canada’s 2023 Budget (Budget 2023) which was released on March 28, 2023...
Navigating workforce challenges: What drives employee satisfaction and retention?
A new RSM survey illustrates the impressions workers have of their employers and the strategies that can attract or retain them moving forward...
Economic statement 2022
On Nov. 3, 2022, Canada’s Minister of Finance released the Fall Economic Statement, which provides an overview of Canada’s finances and sets out new tax measures...
Tax planning: 2022 year-end considerations for businesses and individuals
This tax planning guide for 2022 and beyond reflects considerations that may create risk or opportunity for Canadian businesses and individuals...
Will you have to pay a new tax on your luxury items?
On Sept. 1, 2022, the Luxury Tax Act came into force which imposes a tax on the sale and import of certain vehicles, aircraft, and vessels exceeding a specified price threshold...
Tax considerations for Canadian snowbirds
Canadian residents travelling to the United States for extended stays should carefully plan travel to avoid unintended Canadian and U.S. income tax consequences...
Bank of Canada raises its policy rate by 1% to tame inflation
The Bank of Canada announced a 100-basis-point rate hike on Wednesday, the largest increase since 1998, in an attempt to restore price stability...
2022 Canada Federal Budget: Detailed commentary
The budget is based on three pillars: (i) investing in people by increasing the housing supply and establishing affordable child care, (ii) facilitating a transition to a green economy to fight...
