Posts

Business people in Canada walking and discussing Capital Gains Inclusion rate changes

August tax news: The impact of new capital gains rules–and more

HOW DO THE NEW CAPITAL GAINS RULES AFFECT YOU? In April, as part of the Federal Budget, the finance minister announced a change to the capital gains inclusion rate from 50% to 66.67%, effective from June 25, 2024. No matter your level of wealth, this change likely WILL affect you at some point. So, what has […]

House of Commons in Ottawa before the tabling of the 2023 federal budget

The 2023 federal budget: Increased deficits, new green incentives and higher taxes

The 2023 federal budget was widely projected to be one of balance and reaction: specifically, it would walk a tightrope aimed at keeping inflation under control and preparing for a potential economic downturn ahead. It would respond to the Biden Administration’s sweeping Inflation Reduction Act by offering competitive green innovation and business incentives, all to keep […]