Knowledge Hub Archive
Insights to inform and inspire
Discover the latest in accounting and business with our curated articles, news, and insights. Ideal for professionals and enthusiasts alike, our hub offers valuable, up-to-date information to guide your financial decisions.
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Your Business NewsWhat the SR&ED Tax Credit Can Do for Your Business
Canada’s SR&ED program is the single largest source of federal government support for business R&D, yet many Northern Ontario companies are leaving money on the table by not claiming it. With significant changes now in effect for 2024 and beyond, including expanded eligibility and a doubled expenditure limit, there has never been a better time…
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Your Business NewsThe North Has More to Offer Than Raw Materials
For decades, Ontario’s most valuable minerals left the province as raw materials, with the real economic value captured somewhere else. That is changing fast, as billions in new investment are building the energy, transport, and refining infrastructure needed to keep that value in the North. Learn more.
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Your Business NewsHow Ontario’s “One Project, One Process” Framework Is Unlocking Growth for Northern Ontario Businesses
Ontario’s new “One Project, One Process” framework is cutting through decades of regulatory complexity in mining approvals, and for Northern Ontario businesses, the ripple effects could be significant. With three major projects already designated, more predictable development timelines are opening the door to expanded supply chain opportunities and competitive government funding applications. Learn more.
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Your Business NewsNew 2024 tax changes to intergenerational business transfers in Canada
The new intergenerational transfer rules included in Bill C-59, which received Royal Assent on June 20, 2024, provides an exception from the “surplus stripping” rules in Canada.
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Your Business NewsBills C-59 and C-69: Top seven tax changes for the middle market
On June 20th, the Income Tax Act and the Underused Housing Tax Act were amended, and new tax legislation was introduced with varying effective dates.
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Your Business NewsNew legislation released increasing the capital gains inclusion rate in Canada
On June 10, 2024, a Notice of Ways and Means Motion was released to amend the Income Tax Act to increase in capital gains inclusion rate.
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Your Business NewsCanadian tax filing and payment deadlines for middle-market taxpayers for 2024
RSM Canada has summarized the key tax filing and payment deadlines for middle-market taxpayers. Read the article to know more and simplify tax filing.
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Your Business NewsTax Anti-Avoidance rule changes on the horizon
After years of the GAAR provisions remaining unchanged, the government proposed substantial changes in the 2023 Budget and subsequent legislation.
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Your Business NewsCanadian tax developments in 2023 you might have missed over the holidays
Important changes in Canadian tax legislation, CRA enforcement initiatives, and case law updates over the past few months.
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Your Business NewsFederal and provincial/territorial corporate income tax rates
Corporations residing in Canada are subject to corporate income tax on worldwide income. Review the 2022-2023 corporate income tax rates.
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Your Business NewsCanadian tax integration of private company income
A central theme of Canadian income taxation is tax integration. These tables provide an illustration of how the income tax integration system works.
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Your Business NewsTax planning 2023 year-end considerations for businesses and individuals
This tax planning guide for 2023 and beyond reflects considerations that may create risk or opportunity for Canadian businesses and individuals.