Government Announces the 2019 Automobile Deduction Limits and Expense Benefit Rates for Businesses

December 27, 2018 – Ottawa, Ontario – Department of Finance Canada The Department of Finance Canada today announced the income tax deduction limits and expense benefit rates that will apply in 2019 when using an automobile for business purposes. Most of the limits and rates that applied in 2018 will continue to apply in 2019,…

The Trudeau government is continuing to backtrack

In their second component of ‘making the tax system fair’ in connection with small business, they were talking about how small business corporations could unfairly have passive income taxed in their corporations, and thus have a leg up on the ‘ordinary wage earner’.  This was an inflammatory statement, and not the whole truth, as small…

Harper Government Tables Notice of Ways and Means Motion to Implement Tax Cuts for Families

March 24, 2015 – Ottawa, Ontario – Department of Finance Finance Minister Joe Oliver today tabled in the House of Commons a Notice of Ways and Means Motion (NWMM) to implement the Harper Government’s latest tax cuts for hard-working families, which were announced by Prime Minister Stephen Harper on October 30, 2014. Quick Facts The…