Author: Cherry

The Canadian business community has spent the past eight years navigating the Liberal government’s chaotic and unpredictable approach to tax policy. The latest news that Prime Minister-designate Mark Carney will abandon the proposed capital gains tax changes is just another...

Who benefits from tariffs? Who really pays the price? Today, we’re diving into tariffs—specifically, the new 25% tariffs US government is imposing on most Canadian goods and Canada’s 25% retaliatory tariffs against the U.S. goods, and what this means for...

What’s the Deal with Capital Gains? When you sell something valuable—like a property or investments—and make a profit, that’s called a capital gain. Right now, in Canada, only half (50%) of that profit is taxable. This is known as the...

As we move into 2025, several key tax changes will impact Canadians. From income tax bracket adjustments to new rules for short-term rentals and trust reporting, here’s everything you need to know about the income tax update to plan ahead....