Archives: News
Responding to a tax instalment reminder from the CRA (February 2019)
Sometime during the month of February, millions of Canadians will receive mail from the Canada Revenue Agency (CRA). That mail, [...] Read more
RRSPs and TFSAs — making the annual contribution (February 2019)
For most taxpayers, the annual deadline for making an RRSP contribution comes at a very inconvenient time. At the end [...] Read more
Taking advantage of pension income splitting (February 2019)
Income tax is a big-ticket item for most retired Canadians. Especially for those who are no longer paying a mortgage, [...] Read more
Employment Insurance Premiums for 2019 (January 2019)
The Employment Insurance premium rate for 2019 is decreased to 1.62%. Yearly maximum insurable earnings are set at $53,100, making [...] Read more
Quebec Pension Plan Premiums for 2019 (January 2019)
The Quebec Pension Plan contribution rate for employees and employers for 2019 is 5.55%, and maximum pensionable earnings are $57,400. [...] Read more
Canada Pension Plan Contributions for 2019 (January 2019)
The Canada Pension Plan contribution rate for 2019 is increased to 5.1% of pensionable earnings for the year. The maximum [...] Read more
Federal individual tax credits for 2019 (January 2019)
Dollar amounts on which individual non-refundable federal tax credits for 2019 are based, and the actual tax credit claimable, will [...] Read more
Federal individual tax rates and brackets for 2019 (January 2019)
The indexing factor for federal tax credits and brackets for 2018 is 2.2%. The following federal tax rates and brackets [...] Read more
Tax deadlines and limits for the 2019 tax year (January 2019)
Each new tax year brings with it a listing of tax payment and filing deadlines, as well as some changes [...] Read more