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Category : Search result: tax efficiency
CRA warns of critical illness insurance tax schemes
The Canada Revenue Agency warns Canadians about aggressive tax schemes using critical illness insurance. Participants face penalties, fines, and jail time. Learn how to protect yourself.
Calgary business community 'disappointed' by city budget
Calgary's business community expresses deep disappointment with the city's new budget, citing a costly 6.9% property tax increase. Key groups warn of negative impacts on competitiveness.
Edmonton Council Pushes 6.92% Property Tax Increase
Edmonton's city council has voted for a proposed 6.92% property tax increase, exceeding administration's recommendation. This continues a trend of significant tax hikes for homeowners.
Edmonton locks in 6.9% property tax hike
Edmonton City Council has finalized a 6.9% property tax increase for 2025. Get the details on the decision, budget pressures, and what it means for homeowners.
Vancouver lays off staff after property tax freeze
The City of Vancouver has cut dozens of positions following its decision to freeze property taxes. This move highlights the financial trade-offs of municipal budget decisions.
Vancouver lays off 30 staff after property tax freeze
The City of Vancouver has terminated 30 employees following a council decision to freeze property taxes. Learn about the budget impacts and municipal workforce changes.
Greater Sudbury Budget: 3.9% Tax Increase Approved
Greater Sudbury's finance committee has finalized the 2025 city budget, resulting in a 3.9% property tax increase. Learn what this means for homeowners and city services.
CRA warns of aggressive tax schemes in Canada
The Canada Revenue Agency has issued a public alert about aggressive tax avoidance schemes operating in the country. Learn what to watch for and how to protect yourself.
Leamington Proposes 2.5% Tax Increase for 2026
The Municipality of Leamington is considering a 2.5% property tax rate increase for its 2026 budget. Learn about the proposed changes and their potential impact on local residents.
Trump Institute of Peace Renaming Sparks Mockery
The State Department renamed the U.S. Institute of Peace after Donald Trump, drawing widespread online criticism and comparisons to authoritarian regimes. Read the full story.
Calgary's 2026 budget sets 1.64% property tax hike
Calgary City Council has finalized the 2026 municipal budget, approving a 1.64% property tax increase for residents and businesses. Learn the details and impacts.
St. Thomas projects 6% municipal tax hike for 2026
St. Thomas residents face a projected 6% property tax increase in 2026, driven by costs of rapid industrial growth. City council debates budget priorities.
Quebec 2026 Tax Rates Announced
A detailed breakdown of the Quebec income tax rates and brackets for the 2026 tax year. Find out how much you'll owe and plan your finances accordingly.
Toronto mayor wants luxury home buyers to pay more
Toronto's mayor is pushing for a new policy requiring luxury home buyers to contribute more. Learn about the proposed tax changes and their potential impact on the city's housing market.
Nutrien bypasses Port of Vancouver for U.S. terminal
Nutrien's decision to build a $1B potash terminal in Washington highlights the Port of Vancouver's chronic inefficiency, ranking 389th globally. This move threatens Canada's export competitiveness and demands urgent reform.
Edmonton Council Focuses on Lowering Property Tax Increase
Edmonton City Council begins budget deliberations with a key goal: reducing the proposed property tax increase. Get the latest details on the financial discussions impacting homeowners.
Canada Revenue Agency projects 2026 tax rates
The Canada Revenue Agency has released its projected federal income tax brackets and rates for 2026. See how inflation adjustments will impact your tax bill.
Saskatoon passes 6.7% property tax hike, one of highest
Saskatoon city council has approved one of the highest property tax increases on record at 6.7%. Chamber of Commerce CEO Jason Aebig warns about city's financial challenges.
RRSP Withdrawal Strategies for Working Retirees
Discover tax-efficient ways to convert RRSP to RRIF while still working. Learn about behavioral spending psychology and retirement income planning strategies for Canadians.
Saskatoon reduces tax increase via new user fees
Saskatoon city council has lowered the proposed 2026 property tax increase to 1% by introducing new user fees. Learn how this decision impacts residents.
Morgan Stanley fined €101M in Dutch tax evasion case
Morgan Stanley pays €101 million fine for Cum-Cum dividend tax evasion in the Netherlands. Learn about this major European tax enforcement case.
London Mayor defends 3.4% property tax increase for 2026
London's mayor prepares to defend 3.4% property tax increase approved for 2026 as city faces budget pressures. Get the latest on municipal finances.
Vancouver council approves zero property tax increase
Vancouver City Council has approved a historic property tax freeze for residents. Learn how this decision impacts homeowners and municipal services.
Sen. Jim Justice Settles $5M Tax Debt with IRS
West Virginia Senator Jim Justice and his wife agree to pay over $5 million to settle 15 years of unpaid income taxes following an IRS lawsuit. Discover the details of the case.
Canada's cannabis tax revenue tops $5.4 billion
Federal and provincial governments have collected over $5.4 billion in cannabis tax revenue since legalization. Discover how this revenue is impacting Canadian communities and the economy.
Essex Council Reviews 2026 Budget with 4.9% Tax Hike
Essex Council begins reviewing the proposed 2026 budget featuring a 4.9% property tax increase. Learn how this affects residents and what services are prioritized.
CRA tip line recovers $490M in unpaid taxes since 2018
The CRA's confidential tip line has identified nearly $490 million in unpaid federal taxes since 2018, targeting international tax evasion. Discover how the program works.
Norway's wealth tax lesson: millionaires leaving
Norway's experience with wealth taxes shows millionaires relocate abroad. As Canada debates tax policies, this European case study offers valuable insights for economic planning.
Canadian Expats in UK: Tax Treaty Guide
Canadian citizens living in the UK face complex tax residency decisions. Learn about the Canada-UK tax treaty, implications for investments, and how to determine your fiscal domicile.
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