News & Events
Keeping you up to date on matters of note, industry events, news and company updates.

NEW FOR 2017: PUBLIC TRANSIT TAX CREDIT

April 18th, 2018

The public transit tax credit was eliminated effective July 1, 2017. In 2017, the tax credit remains available for eligible public transit expenses during the period of January 1, 2017 to June 30, 2017.

NEW FOR 2017: CHILDREN’S ART AND FITNESS TAX CREDIT

April 16th, 2018

The federal children’s art tax credit and children’s fitness tax credit have been eliminated as of January 1, 2017. No federal tax credit is available in 2017. The BC provincial child arts credit and child fitness…

NEW FOR 2017: TUITION TAX CREDIT AND SCHOLARSHIP EXEMPTION

April 13th, 2018

Federal and provincial tuition tax credits will continue to be available for tuition fees paid to educational institutions in 2017. Beginning in 2017, eligible tuition fees may include fees paid to Canadian educational institutions for occupational…

NEW FOR 2017: FEDERAL EDUCATION AND TEXTBOOK TAX CREDIT

April 11th, 2018

The federal education and textbook tax credits have been eliminated for 2017. Unused education and textbook credit amounts carried forward from years prior to 2017 will remain available to be claimed in 2017 and subsequent years….

New for 2017: Canada Caregiver Credit

April 10th, 2018

The Canada caregiver credit is a new non-refundable tax credit that consolidates the caregiver credit, the family caregiver credit, and the credit for infirm dependants age 18 or older. The Canada caregiver credit is largely the…