The federal Budget 2024, delivered April 16, 2024, proposes significant changes to the capital gains tax. When an individual, business or corporation sells an investment for more than they bought it for, the profit is capital gains. For example, an investment can include assets such as: a cottage or an investment property stocks bonds mutual…
The federal Budget 2024, delivered April 16, 2024, proposes significant changes to the capital gains tax. When an individual, business or corporation sells an investment for more than they bought it for, the profit is capital gains. For example, an investment can include assets such as: a cottage or an investment property stocks bonds mutual…
The first-of-its kind in Canada, the Land Owner Transparency Registry (LOTR) is a registry of information about individuals who are deemed to have an indirect interest in land as defined in section 1 of LOTA (e.g. through corporations, trusts and partnerships) which is housed in a searchable, public database. As of November 30, 2020, the…
