Tax News

Some FHSA holders made qualifying withdrawals in account’s first year

Total account assets hit $2.8 billion in 2023, based on CRA data

By Rudy Mezzetta |June 13, 2024

3 min read

Extra $9B in benefits could be paid through automatic tax filing: PBO

The estimate from the Parliamentary Budget Officer spans five fiscal years

By Jonathan Got |June 13, 2024

2 min read

Feds offer few carveouts to capital gains inclusion rate hike

June 25 is indeed the date that the hike will take place

By Rudy Mezzetta |June 10, 2024

5 min read

Trusts holding GICs must file annual return, CRA says

Such structures would not qualify for a filing exemption available to low-value trusts

By Rudy Mezzetta |June 5, 2024

2 min read