Interest rates for the first calendar quarter

The Canada Revenue Agency (CRA) announced today the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to individuals and corporations. These rates will be in effect from January 1, 2018, to March 31, 2018. There have been no changes to the prescribed interest rates…

Interest rates for the fourth calendar quarter

Interest rates for the fourth calendar quarter The Canada Revenue Agency (CRA) announced today the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to individuals and corporations. These rates will be in effect from October 1, 2017, to December 31, 2017. There…

Interest rates for the second calendar quarter

The Canada Revenue Agency (CRA) today announced the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts the CRA owes to individuals and corporations. These rates will be in effect from April 1, 2017, to June 30, 2017. There have been no changes to the prescribed…

2017 Federal Budget Special Report

Breaking News Federal Budget Special Report Brought to you by Knowledge Bureau. Opinion Poll Do you support the cancellation of education and textbook credits in 2017, leaving only tuition fee credits for students and supporting individuals? Knowledge Bureau Reporters: Evelyn Jacks, President, MFA™, DFA – Tax Services Specialist™ Walter Harder, DFA – Tax Services Specialist™…

Interest rates for the first calendar quarter

Interest rates for the first calendar quarter December 16, 2016 Ottawa, Ontario                    Canada Revenue Agency The Canada Revenue Agency (CRA) today announced the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts the CRA owes to individuals and corporations. These rates will be in effect from…

Interest rates for the fourth calendar quarter

September 20, 2016 Ottawa, Ontario Canada Revenue Agency The Canada Revenue Agency (CRA) today announced the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts the CRA owes to individuals and corporations. These rates will be in effect from October 1, 2016 to December 31, 2016.…

2016 federal budget pledges to strengthen middle class while extending forecasted deficits until 2020

Grant Thornton has released a detailed summary of the tax measures that were announced in this budget. Below are some of the highlights: Personal measures Repeal of the Universal Child Care Benefit and Canada Child Tax Benefit and introduction of a new Canada Child Benefit, which will vary based on household income. Repeal of the Family…

Interest rates for the first calendar quarter

December 15, 2015 Ottawa, Ontario Canada Revenue Agency The Canada Revenue Agency (CRA) today announced the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts the CRA owes to individuals and corporations. These rates will be in effect from January 1, 2016 to March 31, 2016. There have been no changes to…

Interest rates for the fourth calendar quarter

September 16, 2015          Ottawa, Ontario                    Canada Revenue Agency The Canada Revenue Agency (CRA) today announced the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts the CRA owes to individuals and corporations. These rates will be in effect from October 1, 2015 to December 31, 2015. There…

Harper Government Welcomes Royal Assent of the Economic Action Plan 2015 Act, No. 1

Passage advances Government’s Balanced-Budget, Low-Tax Plan for Jobs, Growth and Security June 24, 2015 – Ottawa, Ontario – Department of Finance Finance Minister Joe Oliver today welcomed the Royal Assent of the Economic Action Plan 2015 Act, No. 1, which legislates key elements of Economic Action Plan 2015. These elements include measures to support jobs and…