Business

Business

Peel police board approves 9.9 per cent budget hike, one year after passing an unprecedented $144M spending increase

Residents and local leaders in Mississauga are again raising affordability concerns over property taxes as Peel Police Services budget hike goes to Council
Business

This Port Dover golf course could be yours for a song in tax sale

While tax sales for unpaid property taxes can be an opportunity to purchase a property far below market value, it’s also buyer beware for budding barons
Business

Canada’s tax agency may be the key to driving dangerous truck operators off Peel's roads

The Canada Revenue Agency could solve the dangerous trucking problem in Peel Region overnight if it enforced laws for contractors and underground economies
Business

Facing wage pressures, YRP requests double-digit budget hike

A proposed York Regional Police budget hike would account for most of the overall tax levy in one of the lowest municipal property tax regions in Ontario
Business

New Brunswick: Province says no extra money to compensate for property tax freeze

Property tax freeze compensation and tax credits were the main issues of discussion at the annual conference of the Union of New Brunswick Municipalities
Business

Feds, BC are shifting LNG risks to public purse, report claims

Taxpayers will be on the hook for expansion of LNG fuel infrastructure projects on West Coast as Ottawa and BC weaken commitment to polluter pays principle
Management

Trump renews push to end quarterly reporting — here’s what that would mean

Accounting Professor Douglas A. Stuart says reporting frequency has been studied for decades; the scientific evidence behind frequency is not cut-and-dried
Business

Niagara council rejects bid for $40M taxpayer incentive to fund luxury homes

Niagara Regional Council decision to reject a maneuver to avoid defeat of $40 million developer incentive called a victory for taxpayers outside of Welland
Thought Leaders

Staying the course toward sound public finances

The absence of a federal budget underscores the importance of returning to fiscal consistency, says Université de Sherbooke taxation professor Luc Godbout
Business

Ford and Smith divided over Trump response at premiers’ summit

An electricity export tax is a the centre of a disagreement between premiers Doug Ford and Danielle Smith as to how best to respond to Trump tariff threats
Business

Alberta: Unpaid taxes leave municipal districts in financial pickle

In Alberta, municipalities can no longer pay for joint healthcare and social services, because Smith government lets oil and gas companies off the tax hook
Business

New Brunswick: 'Change is needed' – Consultations begin on province's high property taxes

The new Liberal provincial government has frozen property taxes as it follows through with a campaign promise of tax reform currently in the discovery phase
Business

Patrick Brown’s $180M transportation funding gap just the beginning of pain for Brampton taxpayers

Critics say the property tax base — Brampton homeowners — will eventually be forced to cover substantial deficits as a result of budget and tax freezes
Business

Developers want Alberta government to intervene on Canmore vacancy tax

Developers are fighting a popular tourist town over the establishing of a higher tax for second homes that sit empty outside of tourist season in Alberta
Business

Alberta: Province’s new 8% tax bracket begins today

Tax cut applies to Albertans earning income up to $60,000 as Albertans continue to pay considerably less in overall taxes than those in other provinces
Practice

Should founders incorporate their startups in the United States or Canada?

The choice of domicile is an important decision that can have long-term impacts on a startup company explains Gary Marshall of Osler, Hoskin & Harcourt LLP
Profession

Sunday News Roundup 25.06.15: DST bargaining chip, RVH auditing, and more Canadian accounting news

Our weekly Canadian accounting news roundup includes the digital services tax as a G7 meeting bargaining chip, Renfrew Victoria Hospital auditors. and more
Business

New Brunswick: Holt says 'we got a lot done,' but opposition parties beg to differ

A new provincial government concluded its first legislative session with several tax reduction measures but did not remove the so-called Irving Oil gas tax
Business

House-Flippers Beware: You are not eligible for GST/HST new housing rebates

Canadian tax lawyer and accountant David J Rotfleisch explains why the Tax Court upheld a Canada Revenue Agency notice of assessment in Ram v The King
Business

Councillors want information on disturbing rise in St. Catharines homeowners unable to pay soaring tax bills

Revelations of rising numbers of property owners in St. Catharines unable to pay their property tax bills have prompted one city councillor to take action
Business

Alberta: Jasper's chamber of commerce critical of municipal budget

Businesses in Jasper say they’re paying for the 2024 wildfires caused by climate change, but the province has kicked in $2.5M for lost property tax revenue
Municipal

New Brunswick: New municipal fiscal framework announced by N.B. government

Expanded funding from the province is welcome news to New Brunswick municipalities, but a property assessment freeze has withered its delivery
Business

Number of St. Catharines properties in tax arrears soars under current council

Recent property tax increases not due to inflationary pressures impacting most residents across Ontario but largely due instead to excessive labour costs
Profession

Sunday News Roundup 25.05.04: Federal election disappoints accountants and more Canadian accounting news

Our weekly Canadian accounting news roundup includes election disappointment among conservative accountants, the PCAOB fighting to survive, and more.
Business

Property taxes in Whitehorse, explained

The Yukon calculates property taxes differently than in other parts of Canada, primarily due to a lack of data, which impairs market value assessments