Tax Legislation
Keeping you up to date on matters of note, industry events, news and company updates.

Federal Budget 2022

April 8th, 2022

By Kevin Walsh. On April 7, Finance Minister Chrystia Freeland delivered her budget (“Budget 2022”) to the House of Commons. Overall, Budget 2022 doesn’t offer too many surprises. In fact, the biggest surprise is what isn’t…

What the Employer Health Tax Means for Your Business

May 23rd, 2019

By Jeff Brocklebank. On January 1, the new Employer Health Tax (EHT) took effect in B.C. for construction companies and other businesses. The provincial government introduced this payroll tax in late 2018 through Bill 44, the…

COST IMPACT OF TAX CHANGES

March 5th, 2019

In each of 2015, 2016, 2017 and 2018, the federal government passed complex amendments to the Income Tax Act. The policy underlying these changes was the notion that private corporations were enjoying unintended tax benefits that…

BRITISH COLUMBIA EMPLOYER HEALTH TAX

November 6th, 2018

By Jeff Brocklebank. On October 16th, 2018, Bill 44 regarding Employer Health Tax (“EHT”) was introduced in the British Columbia legislature. The purpose of EHT is to help offset lost revenues by BC’s elimination of the…

TAX ON SPLIT INCOME – NOW OFFICIAL

September 11th, 2018

By Kevin Tong. On June 21, 2018, Bill C-74 received Royal Assent and was passed into law by the Canadian government. Effectively, this means that many of the tax changes proposed by the federal government over…