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Nobody likes to think of a business bankruptcy because in their eyes it means that they have failed in their business endeavors. This may not necessarily be true as there are many business owners that have put their heart and soul into their company, and totally dedicated all of their time into their business and…
The new government is placing a great deal of focus on Canada becoming more sustainable. In order to follow through with this they have developed a plan called the Federal Sustainable Development Strategy or FSDS for short. The first draft for this strategy was recently released in February. What it outlines is how…
This is one budget that a lot more people were anxiously waiting to see than perhaps those that had taken place previously. This is because of all of the promises that were made on the campaign platform by Prime Minister Trudeau. There is no doubt that this budget is far different than many that…
With so many different ethnic groups now becoming part of Canada and making it their home many of them are proud to be Canadians just as Canadian born residents are. Each year the government runs a challenge or a contest to encourage the involvement of Canada’s youth by spurring on their creativity. They are encouraged…
Whether we like it or not technology is here to stay and almost everyone when it comes to their taxes is now going to have to develop some skills when it comes to automation and the government. The CRA is aggressively promoting their automation tactics that they are now using. The automation comes…
Each year individuals that are doing their own tax filing desperately hope that the process will get easier. Yet each year it seems to get more difficult. This year when individuals were looking for their notice of assessments some may have not got it and when requiring this from the CRA they ended up…
While we have just passed another deadline to contribute to your RRSP’s there are many that have this form of savings but have found that they are ending up having to dip into it because their financial situation is so tight. A recent survey has shown one that one in five people have had to…
Many individuals have a desire to start a business but at the same time don’t want to give up the security of their present employment. It may be that they are looking at a second business to generate more income. Then again it may be an individual that is getting close to retirement and…
