Business

Thought Leaders

Broad tax reform belongs at the centre of Canada’s growth agenda

An arm’s-length review could simplify the tax system, improve incentives to work and invest and strengthen Canada’s economic resilience, writes Glen Hodgson.
Business

Alberta: Kneehill council wants dialogue with minister over unpaid oil and gas taxes

Municipal councillors call government talks all smoke and mirrors, a never-ending battle over unpaid property taxes from Alberta’s oil and gas industry
Business

A short history of welcome mats: How Alberta courted two types of newcomers on the grounds of demand and economic impact

Will Alberta’s tradeoff of tax breaks for tax revenue for AI data centres end like the Alberta is Calling campaign — far too successful for its well-being?
Thought Leaders

Canada can build major projects faster without sacrificing nature protections — here are four practical ways to do it

The Carney government should incorporate natural capital accounting into major project evaluations say Emily McMillan and Akaash Maharaj of Nature Canada
Thought Leaders

When companies face hostile takeover threats, they turn to ESG — and the whole community benefits

UM accounting professor and CPA Canada research fellowship recipient Lingyi Zheng asserts ESG investment works as a takeover defence for three main reasons
Business

New Brunswick: Property tax reforms ‘fall short’ for some local governments

Municipalities in the province are complaining of government overreach as the new Liberal government tries to reform the tax system and lower taxpayer costs
Business

Cities are closer to Canada’s problems than they are to the money

Municipalities increasingly sit on the front lines of housing, climate and social challenges, but funding has lagged behind their growing responsibilities
Business

In Vancouver, a billionaire developer catches a garden tax break

Taxpayers on hook for million dollars due to tax avoidance scheme of reclassifying future development properties as gardens, parks while awaiting market uptick
Business

Canada needs a deeper municipal bond market

Cities own much of Canada’s infrastructure but have limited revenue tools. A stronger municipal bond market could help close the financing gap: Luciano Arvin
Business

Region of Peel rejects Doug Ford’s ‘major financial burden’ on taxpayers to fund his growth

Officials warn building infrastructure needed to support rapid housing growth placing unsustainable pressure on utility ratepayers and property taxpayers
Business

New Brunswick: Province puts pressure on local governments with property tax reforms

New Brunswick’s Liberal government has introduced a new system of municipal property taxation, publishing a public list of appropriate property tax rates
Business

Web Summit: As employers push to adopt AI, many workers push back

A bullish KPMG Canada revealed at Web Summit Vancouver its junior employees must delegate tasks to AI tools, and focus instead on client relationship-building
Thought Leaders

Canada is spending billions to fix the wrong productivity problem

Canadian financial policy has crowded out the risk-taking that drives productivity asserts professor of finance and chartered professional accountant Manbo He
Business

Ontario: Halton Hills calls on province to update municipal funding framework

Property taxation is regressive. Municipalities in Canada are trying to manage 21st-century realities with 19th-century fiscal tools, say local politicians
Business

Alberta: Taxation bump curbs tourism momentum in short-sighted tradeoff, warns industry leader

The province appears to underplay the role a robust tourism economy could play in insulating its accounts from geopolitical vagaries like the price of oil
Business

Alberta farmers lukewarm about federal gas tax suspension

Suspension of the federal fuel excise tax by the now majority government of Mark Carney will pressure on the UCP Smith government in Alberta to follow suit.
Business

Ontario: Province announces lower business tax

The provincial government is proposing to cut Ontario’s small business corporate income tax rate from 3.2 per cent to 2.2 per cent as of July 1 this year
Business

CRA may apply 2025 permanent establishment OECD rules to Canada

Canadian tax lawyer and accountant David J Rotfleisch on remote work, corporate authority to bind, CRA treaty interpretation and interprovincial tax risk
Business

Taxpayers group urges Manitoba to permanently cut gas tax as fuel prices rise

The American-Israeli assault on Iran is causing prices to surge at the pumps. Taxpayer advocacy groups are now calling for gas tax cuts to lower the impact
Business

Mark Carney highlights areas of Australian‑Canadian cooperation as middle powers

Carney’s comments in Canberra about modernizing bilateral tax and investment treaties may indicate tax and business opportunities for Canadian accountants
Business

B.C. budget tax measures lay burden of austerity on the poorest in province

British Columbia's Finance Minister says "this is not an austerity budget." Let's look at the numbers and see for ourselves, say Marc Lee and Andrew Longhurst
Business

Alberta oil and gas companies lobby for tax break

Alberta is reviewing the models it uses to determine the market value of regulated properties that municipalities rely on for their own tax assessments
Business

The world's first carbon border-adjusted tax enters its definitive phase: What it means for Canada

Rambod Behboodi and Owen Clarke of BLG explain why Canadian companies should take immediate steps to establish necessary emissions tracking regimes
Business

Alberta: Data reveals millions in tax arrears and unpaid leases for nearly 600 Alberta oil and gas companies

As of the end of 2024, property tax debt has grown to nearly $254 million, despite policies to stop deadbeat companies from acquiring new oil and gas wells
Municipal

Patrick Brown’s 2026 budget lacks key investments as his previous spending freezes catch up to taxpayers

Debt balloons, projects shelved in the Brampton municipal budget after years of budget freezes as property taxpayers face a hike of just under five per cent