Bill C-8 recently received Royal assent and affects non-residents of Canada who own residential property from the 2022 calendar year and each year thereafter, so long as this Bill is in effect.  The Bill imposes an annual 1% tax on the value of each property owned by a non-resident of Canada and that is not subject to an exemption. The tax must be paid to the Receiver General by April 30th of the following calendar year.  For example, tax owing for calendar year 2022 must be paid by April 30, 2023. A person who is an owner of one or more residential properties…

Our hearts go out to the BC flood victims. If this has impacted you or a loved one, please note that the CRA has specific relief provisions, details found by following the link below.  https://www.canada.ca/.../taxpayer-relief-canadians...

We are delighted to announce the launch of our new website!

We are currently revamping our website. Our new website will be interactive and mobile-friendly!

Contains basic information that the family and legal representative should know to start settling the affairs of the deceased person.