Fuller Insights
Capital gains tax increase: Postponed until 2026
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 corporations
... Read MoreCOVID-19: Support for students and recent graduates announced
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 and to be
... Read MoreCOVID-19: Applying for the Canada Emergency Wage Subsidy (CEWS)
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
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