Business
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Business
Municipalities not happy about Alberta changes to unpaid oil and gas property taxes
Residential property taxes may increase due to backtracking by the Alberta government over unpaid municipal taxes owed by oil and gas industry producers
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Profession
Sunday News Roundup 24.07.21: Biden drops out, how accountants vote, and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
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Business
Feds push carbon capture projects forward with public money
Critics say taxpayers will pay the full cost of a dubious Strathcona Resources carbon capture and sequestration project funded by the Canada Growth Fund
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Business
Caledon Mayor Annette Groves ignores residents, forces approval of 35,000 new homes
Caledon council voted in favour of rezoning agricultural land over the objections of taxpayers concerned about property tax increases and the Greenbelt
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Business
Approval of 35k homes Tuesday will threaten Greenbelt, trigger devastating tax hike for Caledon residents
Caledon taxpayers want to know how they will be protected from the municipal property tax hikes that may be needed to pay for infrastructure costs
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- VIEWS 160
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Thought Leaders
Election rumours invite reflections on Doug Ford’s record in Ontario
Reducing taxes and costs to businesses and consumers in the short term is raising questions about the Ontario government’s long term fiscal responsibility
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Profession
Sunday News Roundup 24.06.09: Capital gains vote, Bondfield auditors, and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
- COMMENTS 13
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- VIEWS 160
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Business
Carbon Tax: Correction demanded for 'big error' in carbon price report
A recent PBO report overestimated the real costs of the carbon tax because it mistakenly included the impact of industrial carbon prices on individual Canadians
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- VIEWS 160
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Business
Less infrastructure funding leaves municipalities with tough decisions
Under a new funding formula, Alberta municipalities are receiving less funding from the provincial government than they did in 2011, leading to potential tax hikes
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- VIEWS 160
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Business
Debate continues over impact of next minimum wage increase
In Niverville, Manitoba, one chartered professional accountant gives his perspective on a minimum wage that has increased by nearly four dollars in two years
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- VIEWS 160
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Thought Leaders
Economic growth tops the priority list for Canadian policymakers — here’s why
There's nothing wrong with challenging our assumptions, say academics from the University of Saskatchewan, but interest rates are higher than growth rates
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Business
Carbon rebate could bode well for businesses: advocate
Small businesses are pleased to see the carbon rebate being rolled out but are nervous about the repercussions of the capital gains tax changes
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- VIEWS 160
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Business
Queen's profs weigh in on federal budget
Two Queen's University professors question whether the Liberals have thought through the implications of their changes to capital gains taxation
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- VIEWS 160
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Business
Unpaid taxes by oil and gas companies remains a concern for rural municipalities
In recent years, the issue of oil and gas companies owing money to Alberta municipalities has become a significant concern, with millions in unpaid taxes
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- LIKES 149
- VIEWS 160
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Thought Leaders
An economist explains: Textbook economics is badly flawed when it comes to climate change
Double standards abound on the carbon tax, says MacEwan University economics professor Junaid B. Jahangir, despite the support (and limits) of textbook economics
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- VIEWS 160
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Thought Leaders
Stock markets signal a growing gap between Canadian and American clean tech firms
Canadian taxpayer-supported clean tech startups may move south of the border due to regulatory risk and political uncertainty despite substantial tax benefits
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- VIEWS 160
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Thought Leaders
10 reasons why Canadians are still dissatisfied with the economy, despite the upswing
Four accounting academics explain the disconnect between the pessimism of Canadians and an economy that seems headed for a soft landing
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- VIEWS 160
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Thought Leaders
Here’s what we can learn from Canada’s response to inflation in the 1980s and 1990s
Inflation is a tax on households, but don’t expect prices to revert to pre-pandemic levels, as interest rates could stay where they are for several more months
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Thought Leaders
Driving the best possible bargain now isn’t the best long-term strategy, according to game theory
Negotiating a new deal? New research suggests that a nonzero-sum game strategic approach to negotiating may produce more value creation in the long run
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Practice
Director held personally liable for unremitted and uncollected GST/HST — due diligence defence judged insufficient
Case commentary from Canadian tax accountant and lawyer David J Rotfleisch on the Tax Court of Canada decision in Hall v The King
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- VIEWS 160
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Practice
Ontario Court holds that a recent former auditor cannot act as CCAA Monitor in the absence of extenuating circumstances
David Bish and Mike Noel of Torys LLP on circumstances that would cause a court to exercise its discretion to appoint a former auditor as Monitor
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Thought Leaders
Why the world is turning away from the US dollar
Geopolitical divisions with the United States will continue to cause additional friction and the role of the US dollar is almost certain to become more limited
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- VIEWS 160
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Practice
Homegrown national accounting firm MNP kicks off 2024 with new Quebec acquisition
Lafond CPA merger gives MNP a foothold in the Bas-Saint-Laurent region of La Belle Province, close to the border with New Brunswick
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Thought Leaders
Canadians are losing faith in the economy — and it’s affecting their perception of inequality
A tax system that favours the wealthy is among perceptions of inequality that are contributing to disillusionment among Canadian workers
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Practice
Canada Revenue Agency claws back $458 million in CEWs wage subsidies from COVID-19 pandemic following audits
The CRA found cases of aggressive non-compliance among claimants using third parties for application preparation, explains Canadian tax lawyer David J Rotfleisch
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