The CEBA was part of the Federal government’s emergency response to the Covid-19 pandemic that provided financial assistance to small business and not for profit organizations. CEBA provided partially forgivable loans of up to $60,000 from April 9, 2020, to June 30, 2021. The original... Read More →

The legislation for the Underused Housing Tax (UHT) was enacted by the Federal Government on June 9, 2022, effective on January 1, 2022. The UHT is a 1% tax on the ownership of vacant or underused housing located in Canada. To avoid penalties, affected owners must now file their 2022 Underused... Read More →

On March 28, 2023, Finance Minister Chrystia Freeland delivered the 2023 Federal budget. For our budget highlights, please click here. The Department of Finance has provided additional information on the tax measures proposed in the 2023 Budget. For further details, please click here.... Read More →

On March 23, 2023, Finance Minister Peter Bethlenfalvy delivered the province’s budget. The budget anticipates a deficit of $2.2 billion for 2022-23, a deficit of $1.3 billion for 2023-24 and a surplus of $0.2 billion for 2024-25. Although there are no new changes to the corporate or personal... Read More →