Federal Budget 2017 – Sales Tax Highlights

Federal Budget 2017 – Sales Tax Highlights Spring has sprung, which means there has been a recent flurry of Budget releases. The following is a brief summary of the major changes in Commodity Tax legislation that have been proposed as a result. Federal Budget HST/GST Federal Finance Minister, Bill Morneau, tabled his second budget on… Read more »

Federal Budget 2017- Impact on Grants and Incentives

Federal Budget 2017- Impact on Grants and Incentives On Wednesday March 22, 2017, Finance Minister Bill Morneau delivered the federal budget. As the second budget of the Liberals’ term, it reaffirms the federal government’s commitment to infrastructure, skills and innovation. Spending on innovation will secure funding for research and development as well as strategies that… Read more »

GST/HST Exemptions & Exceptions

GST/HST Exemptions & Exceptions We frequently receive inquiries from our clients as to the GST/HST status of a particular supply. Occasionally this analysis can be somewhat tricky due to ambiguous wording in the Excise Tax Act (i.e. ETA). However, in most cases, it is a fairly straightforward determination as the general rule is that a… Read more »

Auditor General Report Ministry of Economic Development

Auditor General Report Ministry of Economic Development As part of its efforts to support economic development and employment in Ontario, the provincial government provides multi-year grants and interest free loans for businesses to help with projects ranging from expansion to export growth to research and development. From 2004 to May 31, 2015, the Ministry funded… Read more »

FedDev Ontario Supports Improvements for Manufacturer

FedDev Ontario Supports Improvements for Manufacturer Today, Ruby Sahota, Member of Parliament for Brampton North, on behalf of Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for FedDev Ontario, announced funding of up to $2┬ámillion to help Quality Cheese Inc. increase its competitiveness and expand its production capabilities. The Government of… Read more »

Alberta 2016 Budget Highlights

Jobs, Investment and Diversification Economic Development and Trade is leading implementation of the new jobs, investment and diversification package. Over two years, this $250 million package will provide: $90 Million for a new Alberta Investor Tax Credit that will provide investors a tax credit for investing in eligible small and medium enterprises in Alberta. $75… Read more »