National

Business

Brampton: The Carbon Tax Gamble – The ‘cost of climate inaction’ will be bigger than short-term relief at the pump

A feature report from Brampton, Ontario on the history of carbon pricing in Canada and how the consumer carbon tax was sacrificed in a political chess game
Thought Leaders

Why tax literacy should be a national priority in Canada

Now is the time for Canada to advance tax literacy, as both authorities and society as a whole can strengthen democracy and build a more informed public
Practice

Case Commentary: Canada v. Csak – Why filing a waiver for a tax reassessment must be done within the normal reassessment period

Closing a dispute that had lasted for more than 10 years, the Federal Court of Appeal overturned a Tax Court waiver decision, explains David J Rotfleisch
Thought Leaders

Who really killed Canada’s carbon tax? Friends and foes alike

While the tax could be replaced by an equally effective tool, its repeal increases uncertainty about Canada’s ability to support climate change mitigation
Practice

New guidance from the CRA: Transactions subject to the GAAR

The Canada Revenue Agency is now offering guidance on the application of the amended GAAR through a webpage, explains Raffaella Garofalo of Miller Thomson
Business

Sunday News Roundup 25.03.30: Considering Carney and more Canadian accounting news

Our weekly Canadian accounting news roundup includes Mark Carney and his Brookfield track record, accounting firm dealbook, articles of interest and more
Thought Leaders

Trump’s tariffs threaten Indigenous businesses in Canada — the government must take action

Accounting Professor Douglas A Stuart and Indigenous Business Professor Andrew J. Karesa on supporting Indigenous business during a trade war and tariffs
Practice

Case Commentary: Onischuk v. The King – Tax Court rules cannot override CRA's statutory requirements

A nil assessment is an objection exception because it is not an assessment and hence cannot be objected to or appealed from, explains David J Rotfleisch
Business

Poilievre vows to kill industrial carbon pricing in ‘desperate’ move against Liberal surge

The central plank of Ottawa’s emission-reduction plan requires companies to pay a carbon price if they exceed a certain threshold of emissions intensity
Practice

Case Commentary: Uppal Estate v. the King upholds procedural fairness for Canadian taxpayers in tax litigation

The decision emphasizes the duty of the CRA in Tax Court pleadings and serves as a procedural safeguard for Canadian taxpayers explains David J Rotfleisch
Practice

US audit watchdog censures KPMG Canada for repeatedly failing to accurately disclose who performed audits

Public Company Accounting Oversight Board levies US$700k against KPMG Canada, US$3.375 million in total against nine member firms of global network
Practice

Top 10 need-to-know Canadian income tax cases from 2024

From Dow Chemical to Coopers Park, Dominic Bédard-Lapointe, Anu Koshal and Al-Nawaz Nanji of McCarthy Tétrault review each case and its impact on taxation