Ted Menzies, Minister of State (Finance), informed Canadian consumers that the ban on unsolicited credit card cheques comes into effect June 21, 2013. As of June 21, 2013, all federally regulated financial institutions will be forbidden from sending unsolicited “promotional”… {Read more}
Tag: Department of Finance
Ontario Launches Collaboration Voucher Program
Ontario is launching a new Collaboration Voucher program to give companies a competitive edge by connecting businesses with research institutions. Through the program, eligible companies can apply for vouchers which can be redeemed for access to the expertise and knowledge… {Read more}
Government announces addition of a new right to the Taxpayers Bill of Rights
June 26, 2013, Canada’s Taxpayers’ Ombudsman, Mr. J. Paul Dubé and Gail Shea, Minister of National Revenue, jointly announced the addition of a new right to the Taxpayers Bill of Rights. Article 16, “the right to lodge a service complaint… {Read more}
Tax Relief for New Manufacturing Machinery and Equipment
In recognition of the ongoing uncertainty in the global economy, Economic Action Plan 2013 announces an extension of the temporary accelerated capital cost allowance for new investment in machinery and equipment in the manufacturing and processing sector for an additional… {Read more}
Foreign Employers in Canada
Employers resident in another country who have employees in Canada (either resident or non-resident in Canada) are responsible for collecting; income taxes Employment Insurance (EI) premiums, except when – it appears that, because of the laws of the foreign country,… {Read more}
Buying a franchise — are you ready to invest?
If you want to take on an existing business rather than starting one from scratch, you may wish to consider buying a franchise. Although there are many advantages to this, it is important to do your research before you commit…. {Read more}
Is free shipping a good fit for your business?
If you are a business owner whose products require shipping, whether or not to charge a fee can be a tricky decision. Although free shipping is a consumers’ dream, it can have financial drawbacks for you. Before diving in, you… {Read more}
Passage of the Economic Action Plan 2013 Act, No. 1
Jim Flaherty, Minister of Finance, on June 10, 2013, welcomed the passage of Bill C-60, the Economic Action Plan 2013 Act, No. 1, by the House of Commons. “We are one step closer to implementing measures that will build on our… {Read more}
Government obtains Information regarding potential Tax evasion
On June 10, 2013 in Ottawa, Ontario, Gail Shea, Minister of National Revenue and Minister for the Atlantic Canada Opportunities Agency, announced today that the Canada Revenue Agency (CRA) has received information from international allies that relates to persons resident… {Read more}
Canadian Families Receiving Record Tax Relief
Lisa Raitt, Minister of Labour, accompanied by Rick Norlock, for Northumberland—Quinte West, attended a children’s dance competition today at the Cobourg Highland Games to promote the Children’s Arts and Fitness Tax Credits. Minister Raitt highlighted that the Children’s Fitness Tax… {Read more}
Leave a comment