On January 31, 2025, the Canadian federal government announced a deferral of the proposed increase in the capital gains inclusion rate. Originally set to take effect on June 25, 2024, the implementation date has now been postponed to January 1, 2026. This change affects individuals realizing annual capital gains exceeding $250,000, as well as corpo ... Read More
On April 22, 2020, the Federal government announced new support programs for students and recent graduates facing challenges as a result of the COVID-19 pandemic. Enhancing student financial assistance for Fall 2020 The Canada Student Loan Program eligibility requirements in 2020-21 are being changed to allow more students to qualify for support an ... Read More
On April 21, 2020, the Canada Revenue Agency (CRA) released details on how eligible employers can apply for the CEWS. Applications for CEWS will open on April 27. Employers registered with the CRA can use their My Business Account to apply for the subsidy. Employers with a registered representative can have their representative file the ... Read More
On April 15, 2020, the Federal government announced changes to the CERB eligibility rules so that more Canadians qualify. The following individuals can now apply for the $2,000 monthly CERB: Individuals that are earning up to $1,000 per month; Seasonal workers who have exhausted their employment insurance (EI) benefits and whose regular seas ... Read More
The House of Commons was recalled on Saturday, April 11, 2020 to pass the COVID-19 Emergency Response Act, No. 2. This Act approves the proposed Canada Emergency Wage Subsidy (CEWS) with some changes. Eligible Employers An eligible employer includes individuals, taxable corporations, partnerships consisting of eligible employers, non-profit organ ... Read More
On January 31, 2025, the Canadian federal government announced a deferral of the proposed increase in the capital gains inclusion rate. Originally set to take effect on June 25, 2024, the implementation date has now been postponed to January 1, 2026. This change affects individuals realizing annual capital gains exceeding $250,000, as well as corpo ... Read More