Recent Publications

Recent Publications

April 16, 2024 by Sean Grant-Young, Rosa Maria Iuliano, Myriam Lesieur, Joseph Belanger

2024 Federal Budget Commentary

The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, today tabled her fourth budget ⁠–⁠ “Fairness for Every Generation.”

The following is a brief overview of the key tax measures.

April 11, 2024 by Diana Cameron

Fair Market Value on CRA appraisals are inclusive of GST/HST for builder‑landlords

A recently obtained Canada Revenue Agency (CRA) internal communiqué ⁠–⁠ dated May 17, 2023states “effective the date of this communiqué, CRA appraisers will report Fair Market Value (FMV) as inclusive of GST/HST.” This is good news for builders, reducing appeals and objections resulting from disputes with the CRA on FMV as it relates to self‑supply of residential complexes.

April 2, 2024 by Sean Grant-Young

The CRA acknowledges impact of bare trust filings on Canadians

On March 28, 2024, the Canada Revenue Agency (CRA) announced it would no longer require bare trusts to file a T3 Income Tax and Information Return (T3 return) ⁠–⁠ including Schedule 15 (Beneficial Ownership Information of a Trust) ⁠–⁠ for the 2023 tax year unless the CRA makes a direct request for these filings. This announcement recognizes the new reporting requirements for bare trusts have had an unintended impact on Canadians.

March 28, 2024 by Sean Grant-Young

2024 Newfoundland and Labrador provincial budget tax highlights

On March 21, the Newfoundland and Labrador government released its 2024 budget. The following are highlights of the key tax measures.

February 27, 2024 by Sean Grant-Young

2024 British Columbia provincial budget tax highlights

On Feb. 22, 2024, the British Columbia government released its 2024 budget. The following are highlights of the key tax measures.

January 15, 2024

2024 tax deadline calendar

Navigating the various Canadian and U.S. tax deadlines throughout the year can be tricky. Our 2024 tax deadline calendar provides a monthly snapshot of important dates that could apply to you or your organization. It can help you stay on top of your obligations, discover overlooked deadlines and avoid unwanted surprises.

November 22, 2023 by Rosa Maria Iuliano

2023 Fall Economic Statement: Tax measures

Deputy Prime Minister and Finance Minister Chrystia Freeland delivered the 2023 Fall Economic Statement (FES) in the House of Commons on Tuesday, Nov. 21, 2023.

November 9, 2023 by Mike White

The client bear hug

Since law firms became professionally managed businesses, the profit-generating flywheel of firms has kicked into higher gear. While correlation does not equal causation, law firm financial performance is exceeding all 12‑15‑year‑old expectations of market watchers. With so much financial success in the rearview mirror, how do ambitious firms capture new...