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Canada, parliament and capital gains
Canada to continue collecting capital gains tax despite parliament suspension, finance ministry says
Prime Minister Justin Trudeau's government will continue to collect a modified capital gains tax, the finance ministry said on Tuesday, after the proposed measure was thrown into limbo when Trudeau suspended parliament.
Here’s how capital gains tax changes will work after Parliament prorogued
When Prime Minister Justin Trudeau announced his pending resignation and prorogued Parliament, planned changes to how capital gains will be taxed were left in limbo.
How prorogation will impact capital gains tax changes in Canada
The Canada Revenue Agency has yet to offer guidance on how the Liberals’ capital gains tax proposal will be handled.
Finance confirms CRA will administer capital gains tax changes
Whether Parliament is prorogued or dissolved, the agency generally continues to administer proposed legislation
Capital gains tax changes should ‘never see the light of day’: C.D. Howe
A new report from the C.D. Howe Institute says the proposed increase in the capital gains tax rate would impact people and companies more broadly than the government estimates and argues it should be scrapped amid political uncertainty.
Canada to Enforce Capital-Gains Tax Increase Without Implementing Legislation
OTTAWA--To the ire of business groups, Canadian authorities intend to collect proceeds based on a higher capital-gains tax even though the Liberal government failed to pass implementing legislation before outgoing Prime Minister Justin Trudeau dissolved parliament.
Capital gains tax changes are in limbo. But the CRA is collecting new charges anyway
When Parliament was prorogued, all bills and motions that had not yet received royal assent were essentially killed. So why is the Canada Revenue Agency charging higher capital gains taxes that were never formally adopted by Parliament?
CRA to continue with capital tax changes despite prorogation: Finance Department
The federal government says the Canada Revenue Agency will continue to administer the capital gains tax changes proposed in the budget last year, even though they haven't passed in Parliament, which is prorogued until March 24.
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Here are the tax incentives Canadian homeowners can take advantage of in 2025
Owning a home in Canada isn;t cheap, but luckily, plenty of tax incentives can help you minimize housing costs and maximize ...
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Canada's income tax thresholds have increased — here's how much you'll pay this year
Canadians' federal income tax bracket has changed slightly this year, according to the Canada Revenue Agency (CRA).
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on MSN
Canada Workers Benefit goes out Friday. How much will you get?
Some eligible working Canadians are set to receive advanced payments of workers benefits from the federal government on Friday. Here's what to know.
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on MSN
Feds push back in John Risley's multimillion-dollar tax battle
The federal government has filed in court a 100-page reply to John Risley’s latest tax appeal, arguing in detail why the ...
Yardbarker
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Former Maple Leafs join John Tavares in legal battle over disputed tax issue
Former Maple Leafs Patrick Marleau and Jake Muzzin have joined John Tavares in his legal battle against the Canada Revenue ...
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Canadians getting more money from the feds on Friday
On Friday, the federal government will give eligible Canadians some extra cash through the Advanced Canada Workers Benefit ...
18h
on MSN
CRA Newsflash: Tax Brackets Just Rose by 2.7%!
New tax increases might seem scary, but you can offset these by simply making smart investments! The post CRA Newsflash: Tax ...
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