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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 […]

office employees that have access to COVID-19 relief benefits

Ottawa expands access to COVID-19 relief benefits as restrictions tighten

Under intense pressure from the business community, and as COVID-19 restrictions are tightened across the country in an attempt to contain the fast-spreading Omicron variant, the federal government has stated its intention to temporarily expand access to two worker and business relief benefits. The $4 billion expansion would be covered by $4.5 billion in funding […]