Alternative federal budget 2026: Taxation

As the Carney government prepares to unveil its budget on Tuesday, the Canadian Centre for Policy Alternatives has presented its Alternative Federal Budget

When late filing penalties apply under subsection 162(7), one's track record of respecting CRA filing deadlines matters

The recent Tax Court of Canada decision in Laurie v. the King highlights the narrow scope of the due diligence defence in regards to late-filed T1135 forms

This Port Dover golf course could be yours for a song in tax sale

While tax sales for unpaid property taxes can be an opportunity to purchase a property far below market value, it’s also buyer beware for budding barons

Peel police board approves 9.9 per cent budget hike, one year after passing an unprecedented $144M spending increase

Residents and local leaders in Mississauga are again raising affordability concerns over property taxes as Peel Police Services budget hike goes to Council

Alternative federal budget 2026: Taxation

As the Carney government prepares to unveil its budget on Tuesday, the Canadian Centre for Policy Alternatives has presented its Alternative Federal Budget

When late filing penalties apply under subsection 162(7), one's track record of respecting CRA filing deadlines matters

The recent Tax Court of Canada decision in Laurie v. the King highlights the narrow scope of the due diligence defence in regards to late-filed T1135 forms

This Port Dover golf course could be yours for a song in tax sale

While tax sales for unpaid property taxes can be an opportunity to purchase a property far below market value, it’s also buyer beware for budding barons

Peel police board approves 9.9 per cent budget hike, one year after passing an unprecedented $144M spending increase

Residents and local leaders in Mississauga are again raising affordability concerns over property taxes as Peel Police Services budget hike goes to Council

Accounting News

Profession

Canadian Public Accountability Board extends enforcement action against Manning Elliott LLP

British Columbia based accounting firm will still be prohibited from accept new high-risk reporting issuer audit clients, says Canadian audit watchdog CPAB
Practice

Couture v Canada (Revenue Agency) — How not to conduct a judicial review

Federal Court applications for judicial review must include essential or minimum elements, facts or legal grounds, indicating unreasonable CRA decisions
Profession

BC accounting firm DMCL fined for AML/ATF non-compliance by FINTRAC

Canada's financial intelligence unit, the Financial Transactions and Reports Analysis Centre, levied the fine against Dale Matheson Carr Hilton LaBonte LLP
Profession

Sunday News Roundup 25.09.28: Expanded CRA audit powers, MAGA attacks IFRS, and more Canadian accounting news

Our weekly Canadian accounting news roundup includes adversarial audit powers at the Canada Revenue Agency, MAGA attacks on accounting standards, and more
Profession

Canadian audit watchdog censures another Mississauga accounting firm

The Canadian Public Accountability Board has prohibited Abu-Farah Professional Corporation from accepting all new reporting issuer audit engagements
Practice

PCAOB inspection report: Ernst and Young Canada lowers audit deficiency rate

EY Canada lowers deficiency rate from 50 to 25 per cent according to US audit watchdog inspection report over four 2024 audits by Big Four accounting firm

Confidence is the new currency in the AI economy

The growing partnership between accountants and AI not only transforms accounting but strengthens SMB leadership confidence says Ciarán Quilty of Intuit



Open Banking: A crucial shift for Canadian accountants

Five ways for Canadian accountants and bookkeepers to prepare for the swift and transformed landscape of open banking, as explained by Mike Cascone of Xero



What can Canada learn from Ireland’s corporate tax approach?

Ireland shows that clear rules, competitive tax rates, and simplicity can help drive economic growth