Carney confirms Liberals won’t proceed with planned capital gains tax change
Days before he’s expected to call a federal election, Prime Minister Mark Carney is confirming he won’t move ahead with a key Liberal tax policy.
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Canada Revenue Agency
The Canada Revenue Agency is the revenue service of the Canadian federal government, and most provincial and territorial governments. The CRA collects taxes, administers tax law and policy, and delivers benefit programs and tax credits.
Federal government defers effective date of capital gains changes to 2026, promises exemptions
The federal government says it is deferring the implementation of a hike to the capital gains inclusion rate to next year and plans to introduce
CRA to continue with capital tax changes despite prorogation: finance department
The federal government says the Canada Revenue Agency will continue to administer the capital gains tax changes proposed in the budget last year, even though
Implementing GST break for two months proving to be a ‘nightmare’ for businesses
Canadian businesses are about two weeks away from having to scrap some of the tax they charge customers, but many have already realized that’s no
CRA claws back $458 million in pandemic era wage subsidies after partial audit
The CRA has denied or adjusted $458 million in funds disbursed to employers through a pandemic-era wage subsidy program after a partial audit.
From high flying to burnout, cannabis industry faces downturn five years post-legalization
Cannabis legalization has had wide-reaching effects and made its use more accessible and acceptable. Yet the razzle-dazzle days where money was no object and sky-high
Economy grew in May despite wildfire effects, looks to have slowed in June: StatCan
The economy grew by 0.3 per cent in May despite pressure from wildfire-hit oil and gas, per Stats Can, but seemed to slow in June.
Shopify to fight CRA request for six years of merchant tax records: CEO
Shopify Inc.’s chief executive says the company will fight a request from the Canada Revenue Agency to turn over six years of records for Canadian
Wage increases secured by striking workers shouldn’t be seen as ‘fat cat’: experts
Labour experts say the wage increases the country’s largest federal public-sector union secured Monday are far from the hefty gains some might perceive them to
Strike over for 120,000 public servants as union inks tentative deal with feds
The majority of Public Service Alliance of Canada workers who had hit the picket lines since April 19 were expected to sign in for duty
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