Category : Search result: wealth tax


Falling Rates Benefit Canadian Bank Balance Sheets

As interest rates fall, Canadian banks are experiencing a shift from term deposits to demand accounts, strengthening their financial position. Expert analysis reveals the impact on earnings.

Record Number of Billionaires Worldwide in 2025

The world's billionaire population has reached an unprecedented peak, according to new data. Explore the key drivers behind this historic wealth concentration and its global implications.

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.

BMO Beats Earnings Expectations, Raises Dividend

Bank of Montreal surpasses Q4 earnings estimates, driven by wealth management and capital markets. The bank announces a dividend increase to $1.67 per share. Read the full analysis.

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.

Dells pledge $6.25B for child investment accounts

Michael and Susan Dell commit a historic $6.25 billion to fund 'Trump Accounts' for 25 million American children. The gift aims to build generational wealth and hope for the next generation.

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.

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.

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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