taxes

Gasoline and other fossil fuels are heavily taxed in Canada. Which province or territory was the first to implement a carbon tax? (THE CANADIAN PRESS/Graham Hughes)

QUIZ: The joy of taxes

The deadline for filing income tax papers is fast approaching

 

The Canadian Medical Association is asking the federal government to reconsider its proposed changes to capital gains taxation, arguing it will affect doctors’ retirement savings. A doctor wears a lab coat and stethoscope in an exam room at a health clinic in Calgary, Alta., Friday, July 14, 2023. THE CANADIAN PRESS/Jeff McIntosh

Doctors say federal capital gains change unfairly impacts their pensions

Association warns change could affect recruitment and retention of physicians in Canada

 

Canadian Press

Budget 2024: Capital gains hike coming as the wealthy asked to pay more

Deficit is projected to be $39.8 billion for the 2024-25 fiscal year

 

Jack Sandor speaking on the renter rebate at Saanich Municipal Hall. He is happy to be able to claim the rebate, but says it isn’t a substitute to changes need to solve systemic issues in the rental market. (Mark Page/News Staff)

Renters rebate ripe for the picking for qualifying British Columbians

The $400-rebate is just one of several notable changes this tax season

  • Apr 11, 2024
Jack Sandor speaking on the renter rebate at Saanich Municipal Hall. He is happy to be able to claim the rebate, but says it isn’t a substitute to changes need to solve systemic issues in the rental market. (Mark Page/News Staff)
Pitt Meadows city council endorsed recommendations to adjust taxation for B.C. farmland to try and help reduce the amount of farmland that is currently vacant or unused. (Ridge Meadows Chamber of Commerce/Special to The News)

B.C. city says issue of unused farmland could be solved with 3 tax changes

Recommendations were sent off to UBCM and the LMLGA for further consideration

Pitt Meadows city council endorsed recommendations to adjust taxation for B.C. farmland to try and help reduce the amount of farmland that is currently vacant or unused. (Ridge Meadows Chamber of Commerce/Special to The News)
Colombian performer Shakira leaves court in Barcelona, Spain, Monday, Nov. 20, 2023. Global pop star Shakira is summoned on Monday to a Barcelona courthouse for the opening day of her trial for allegedly defrauding Spanish tax officials of millions of euros. Shakira faces six counts of failing to pay the Spanish government 14.5 million euros (now $15.8 million) in taxes between 2012 and 2014. (AP Photo/Joan Mateu Parra)

Pop star Shakira reaches a deal with Spanish prosecutors on the first day of tax fraud trial

After having maintained her innocence for nearly five years, pop star Shakira…

Colombian performer Shakira leaves court in Barcelona, Spain, Monday, Nov. 20, 2023. Global pop star Shakira is summoned on Monday to a Barcelona courthouse for the opening day of her trial for allegedly defrauding Spanish tax officials of millions of euros. Shakira faces six counts of failing to pay the Spanish government 14.5 million euros (now $15.8 million) in taxes between 2012 and 2014. (AP Photo/Joan Mateu Parra)
The Liberals are insisting they can reverse their slumping poll numbers, as MPs gather for the last day of strategy planning ahead of Parliament’s return next week. Prime Minister Justin Trudeau visits the construction site of an affordable housing project in London, Ont., Wednesday, Sept. 13, 2023. THE CANADIAN PRESS/Nicole Osborne

Ottawa to remove GST on new rental housing, ask grocers to stabilize prices: PM

Industry Minister plans to ask Canada’s 5 largest grocery companies to come up with plan by Thanksgiving

The Liberals are insisting they can reverse their slumping poll numbers, as MPs gather for the last day of strategy planning ahead of Parliament’s return next week. Prime Minister Justin Trudeau visits the construction site of an affordable housing project in London, Ont., Wednesday, Sept. 13, 2023. THE CANADIAN PRESS/Nicole Osborne
B.C. Seniors Advocate Isobel Mackenzie has been encouraging seniors to consider using the deferral program, saying it can provide “meaningful cost relief.” (Trevor Crawley/Black Press)

B.C. seniors advocate urges those eligible to defer 2023 property taxes

The province is encouraging residents 55+ to use its deferral program amid rising living costs

B.C. Seniors Advocate Isobel Mackenzie has been encouraging seniors to consider using the deferral program, saying it can provide “meaningful cost relief.” (Trevor Crawley/Black Press)
PSAC workers and supporters picket outside the Canada Revenue Agency office in Sudbury, Ont. on Wednesday, April 19, 2023. There are calls to extend this year’s tax deadline amid a federal public service strike that some fear is making it hard for some people to file on time. THE CANADIAN PRESS/Gino Donato

Petition calls for tax deadline extension amid federal worker strike

Job action has reduced staff for a Canada Revenue Agency help line

PSAC workers and supporters picket outside the Canada Revenue Agency office in Sudbury, Ont. on Wednesday, April 19, 2023. There are calls to extend this year’s tax deadline amid a federal public service strike that some fear is making it hard for some people to file on time. THE CANADIAN PRESS/Gino Donato
In this file photo, BC Premier David Eby speaks during a press conference in Vancouver on March 14, 2023. (THE CANADIAN PRESS/Rich Lam)

Cash influx incoming: B.C. affordability credit to soon be sent to 85% of British Columbians

Individuals can receive up to $164 and $41 per child, while a family of four could get $410

In this file photo, BC Premier David Eby speaks during a press conference in Vancouver on March 14, 2023. (THE CANADIAN PRESS/Rich Lam)
The Better Business Bureau (BBB) is urging consumers to remain vigilant against scammers posing as the Canada Revenue Agency (CRA) attempting to trick people into identity theft and, in extreme cases, taking control of bank accounts. (Better Business Bureau handout photo)

B.C. college student loses $2,800 in federal tax scam, sparking warning from BBB

Better Business Bureau reminds consumers to be vigilant against scammers posing as the Canada Revenue Agency

The Better Business Bureau (BBB) is urging consumers to remain vigilant against scammers posing as the Canada Revenue Agency (CRA) attempting to trick people into identity theft and, in extreme cases, taking control of bank accounts. (Better Business Bureau handout photo)
The income tax filing deadline is approaching. Income tax is one of several taxes paid by Canadians. (Black Press file photo)

QUIZ: Are you ready to file your taxes?

The income tax deadline is approaching. How much do you know about taxation?

The income tax filing deadline is approaching. Income tax is one of several taxes paid by Canadians. (Black Press file photo)
A sign outside the Canada Revenue Agency is seen Monday May 10, 2021 in Ottawa. The Canada Revenue Agency will pilot a new automatic tax filing system next year to help vulnerable Canadians who don’t file their taxes get the benefits to which they’re entitled. THE CANADIAN PRESS/Adrian Wyld

As Canadians miss out on benefits, Ottawa promises automatic tax filing is on the way

As some vulnerable Canadians who don’t file their taxes miss out on…

A sign outside the Canada Revenue Agency is seen Monday May 10, 2021 in Ottawa. The Canada Revenue Agency will pilot a new automatic tax filing system next year to help vulnerable Canadians who don’t file their taxes get the benefits to which they’re entitled. THE CANADIAN PRESS/Adrian Wyld
(Black Press Media Creative)

Mormon church fined $5M for obscuring size of portfolio

The Church of Jesus Christ of Latter-day Saints and its investment arm…

(Black Press Media Creative)
A sign outside the Canada Revenue Agency is seen Monday May 10, 2021 in Ottawa. THE CANADIAN PRESS/Adrian Wyld

Here’s what you need to know to get a head start on filing your 2022 taxes

Canada Revenue Agency says 92 per cent of Canadians filed online last year.

A sign outside the Canada Revenue Agency is seen Monday May 10, 2021 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
Finances, budgeting and how to make your money go the extra mile. Canva photo

Tips and tricks for saving extra money in 2023

Viral 100 envelope savings challenge, and how to keep more money in your pocket this year

  • Feb 21, 2023
Finances, budgeting and how to make your money go the extra mile. Canva photo
The Canada Revenue Agency website is shown in this Wednesday April 17, 2019 image. THE CANADIAN PRESS/Doug Ives

Filing taxes for the first time? Here’s what you need to know

Start early so you can get all your documents together before the filing deadline

The Canada Revenue Agency website is shown in this Wednesday April 17, 2019 image. THE CANADIAN PRESS/Doug Ives
Ottawa husband-and-wife duo Fletcher Gailey-Snell and Ashley Faragher, shown in a handout photo, have turned Fletcher’s nature illustrations into a thriving side hustle, selling apparel, wall art, greeting cards and more. With gig work, freelancing and self-employment becoming an increasingly common way for Canadians to earn extra income, experts say be aware of the tax implications of starting a side hustle. THE CANADIAN PRESS/HO-Fletch Robbins

Started a side hustle? Seek expert advice to avoid tax season headaches

Taking time to consult a professional can help you access benefits

Ottawa husband-and-wife duo Fletcher Gailey-Snell and Ashley Faragher, shown in a handout photo, have turned Fletcher’s nature illustrations into a thriving side hustle, selling apparel, wall art, greeting cards and more. With gig work, freelancing and self-employment becoming an increasingly common way for Canadians to earn extra income, experts say be aware of the tax implications of starting a side hustle. THE CANADIAN PRESS/HO-Fletch Robbins
Vancouver will start charging a new hotel tax to help cover the costs of hosting the 2026 FIFA Men’s World Cup. (Ryan Adams/Wikimedia Commons)

7-year-long Vancouver hotel tax to start in February to help pay for 2026 FIFA World Cup

Provincial statement suggests tax would be in place until 2030, so four years after tournament

Vancouver will start charging a new hotel tax to help cover the costs of hosting the 2026 FIFA Men’s World Cup. (Ryan Adams/Wikimedia Commons)
The Canada Revenue Agency (CRA) headquarters Connaught Building is pictured in Ottawa on Monday, Aug. 17, 2020. The Canada Revenue Agency (CRA) has filed an unfair labour practices complaint against the union representing taxation employees, claiming it is not bargaining in good faith. THE CANADIAN PRESS/Sean Kilpatrick

CRA files labour complaint against union amid bargaining impasse ahead of tax season

Union’s move toward strike position would affect the tax filing season, revenue agency says

The Canada Revenue Agency (CRA) headquarters Connaught Building is pictured in Ottawa on Monday, Aug. 17, 2020. The Canada Revenue Agency (CRA) has filed an unfair labour practices complaint against the union representing taxation employees, claiming it is not bargaining in good faith. THE CANADIAN PRESS/Sean Kilpatrick