Louise Rayner From: Department of Finance Canada News release To support workers and help businesses keep their employees, the government has proposed legislation to establish the Canada Emergency Response Benefit (CERB). March 25, 2020 – Ottawa, Ontario – Department of Finance Canada The Government of Canada is taking strong, immediate and effective action to protect Canadians and the … Read more
Flexibility for Taxpayers In order to provide greater flexibility to Canadians who may be experiencing hardships during the COVID-19 outbreak, the Canada Revenue Agency will defer the filing due date for the 2019 tax returns of individuals, including certain trusts. For individuals (other than trusts), the return filing due date will be deferred until … Read more
It’s been a long while since I blogged, and I am hoping to get back to it this summer. I love to write, but sometimes life gets in the way. You may have seen the news that our postal services may get disrupted next week. There is the possibility for either a strike or a … Read more
It’s that time of year again, when the letters from Canada Revenue Agency come out to verify deductions made on those tax returns that were filed last spring. We got two this week, my son Kevan got one on Tuesday auditing his rent receipts. Today’s mail brings one for my husband Brook, auditing our charitable … Read more
December is a busy month, but make sure to take the time to do some tax and financial planning before the year is done. Make charitable donations before December 31st Make RESP contributions for children or grandchildren Top up your TFSA (tax free savings account) if you haven’t already made your maximum yearly contribution of … Read more