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On March 28, 2023, Finance Minister Chrystia Freeland tabled the Government’s 2023 Federal Budget. Read below for a summary of key tax changes: Personal Income Tax Measures Business Income Tax Measures Sales Tax and Excise Tax Measures International Tax Measures Other Measures The Budget does not propose any changes to

On March 27, 2023, the Canada Revenue Agency announced that there will be no penalties or interest for those Underused Housing Tax (UHT) 2022 returns filed by October 31, 2023. They will provide transitional relief to affected owners since this is the first year of the UHT administration. This transitional…