Highlights / taxes

Economy, Society

Canadians get a simplified tax break for working from home

Canada’s statistics agency reports that in April 2020, 3.3 million Canadians had begun to work from home because of restrictions imposed to reduce the spread of COVID-19. The tax department has introduced a simplified process for them to claim home office »

Economy, Politics, Society

Ottawa extends tax payment deadline once again

Canada’s federal tax collection agency announced Monday that it is extending once again the payment deadline for federal taxes and is offering interest relief on taxes owed to Ottawa amid the economic fallout of the COVID-19 pandemic. The Canada Revenue »

Economy, Politics

Tax Freedom Day: This year in Canada it’s today, May 19

It’s called tax freedom day because if you had given the government every single penny you earned from the start of the year, today you would have paid off your taxes to municipal, provincial and federal levels of government. The »

Economy, Politics, Society

COVID-19 related taxes, credit rating, and recovery time

No tax increase…for the moment With the emergency health orders restricting movements, closing businesses, and causing massive disruption to social and economic life, the government has been spending vast sums to soften the blow. However that massive spending by the »

Politics

Party leaders debate climate, deficits, secularism and relations with China

The leaders of Canada’s six major political parties faced off in the final debate of the 2019 federal election Thursday evening as they jostled to improve their position entering the final lap of the campaign. Thursday’s debate was the second »

Economy, Politics, Society

New poll shows why affordability is an issue

The issue of “affordability” has become a major issue in the first week of Canada’s national election campaign. A new survey taken just after the election was officially announced this month shows that almost 40 per cent of Canadians say »

Economy, Immigration & Refugees, International, Politics, Society

Millionaires on the move

In the financial world they’re known as HNWI’s or “high net worth individuals, but we know them as millionaires (or billionaires). Latest reports say about 108,000 millionaires moved last year from one country to another. That’s a substantial increase of »

Highlights, International

Canadian bureaucrat rewriting communications history?

Bureaucrat calls Bell’s invention of telephone into question. It’s a tax dispute that has involved Alexander Graham Bell, inventor of the telephone. In fact it brings up a bureaucrat’s personal doubts about Bell’s reputation as the inventor of the telephone. »

Economy, Health, Highlights, Politics, Society

Canada ill-prepared for aging population

Although most won’t know it, Oct. 1 is “National Seniors Day” in Canada. Not a holiday, it is however a day declared by the federal government as a time to appreciate and celebrate seniors, generally considered age 65 and above. »

Economy, Highlights, Politics

Guess who’s paying more taxes

If you’re Canadian, and in the middle class, and feel like you have less and less spending money (disposable income) you’re probably right. A new report out by the Vancouver-based Fraser Institute says the majority what is termed the Canadian »