Tax

Opinion: Banks do need to be taxed more – Budget’s new dividend tax makes sense

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Prime Minister Justin Trudeau and Deputy Prime Minister and Finance Minister Chrystia Freeland arrive to present the federal budget in the House of Commons on Parliament Hill in Ottawa on March 28.Justin Tang/The Canadian Press William O’Connell is a PhD candidate in the Department of Political Science at the University of Toronto. The federal government … Read more

How to Change the Conversation When Discussing Charitable Giving With Young Clients

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Younger clients need to somehow identify with the mission of the organization they donate to and want a more hands-on approach, according to one expert.kate_sept2004/iStockPhoto/Getty Images Sign up for the Globe Advisor weekly newsletter for professional financial advisors on our website Newsletter Signup Page. Get exclusive investing industry news and insights, the top stories of … Read more

Taxes 101: Tips to Make the Most of This Season’s Returns

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For the best listening experience and not missing an episode, please subscribe pressure test On your favorite podcast app or platform, including: apple podcasts, spotify music, google podcastsand iHeartRadio. Tax season can be tiring. Whether you’re a gig worker trying to keep track of receipts, or a remote worker struggling to figure out how much … Read more

From flood insurance to alcohol taxes, how Budget 2023 could impact Canadians’ wallets

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The 2023 federal budget lays out a long list of modest measures aimed at reducing inflationary pressures on Canadians without putting too much pressure on government coffers. The expensive exception is the widely anticipated expansion of its national dental care program, which is now expected to benefit as many as 9 million Canadians over five … Read more

Tax Loss Harvesting – An Investing Strategy That Goes Too Far

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In February, Pro Publica reported that Steve Ballmer sold shares of dual-listed natural resource giants Shell and BHP Billiton through his trading account at Goldman Sachs, then replaced them with the same amount of shares in other classes of companies on the same day. They’ share and claim a large sum of money deducted.Stephanie Keith/Getty … Read more

Federal Budget 2023: Raise minimum tax for high earners

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Prime Minister Justin Trudeau and Deputy Prime Minister and Finance Minister Chrystia Freeland are pictured ahead of the presentation of the federal budget in the House of Commons on Parliament Hill in Ottawa, March 28.Justin Tang/The Canadian Press Tax bills for Canada’s top earners set to increase significantly under government’s proposed measures Budget 2023. The … Read more

2023 federal budget: Ottawa offers $20.9 billion in tax credits over five years to stay competitive with US in clean economy spending

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Deputy Prime Minister and Treasurer Chrystia Freeland won applause when she presented the federal budget in the House of Commons on March 28.Sean Kilpatrick/CP The federal government is banking on a slew of new tax credits, a clean grid and a carbon tax to spur the transition to a clean economy and counter massive US … Read more

Federal Budget 2023: How it will affect your personal finances

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before scoring federal budget impact on you personal financelet’s start by acknowledging that the government has a difficult task at hand. For context, inflation is moderating but remains high by the standards of recent decades.Rates stay high, economists agree dovish economic recession in front of you. Federal Budget 2023: Trudeau government bets on green economy, … Read more

Federal Budget 2023: Ottawa eases fiscal constraints with new spending

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Prime Minister Justin Trudeau and Deputy Prime Minister and Finance Minister Chrystia Freeland enter the House of Commons on March 28 to present the budget.Justin Tang/The Canadian Press Slowing economic growth and increased public spending are straining Ottawa’s bottom line as the Liberal government’s 2023 budget announces billions in new spending for clean technology and … Read more

China to implement zero tariffs on coal imports by end-2023: state media

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State media CCTV reported on Friday, citing a cabinet meeting chaired by Premier Li Qiang that day, that China would extend some preferential tax policies and continue to implement zero-tariff coal imports until the end of the year. Facing concerns over domestic energy security and supply disruptions, China cut coal tariffs to zero last April. … Read more