News Events

The Canada Revenue Agency (CRA) is dedicated to providing you with the highest quality service in the most efficient way possible. Here you will find questions and answers about the new trust reporting rules.

The Underused Housing Tax is an annual 1% tax on the ownership of vacant or underused housing in Canada that took effect on January 1, 2022. The tax usually applies to non-resident, non-Canadian owners. In some situations, however, it also applies to Canadian owners.

This is a summary of some of the most important information about the Underused Housing Tax. More information and details about the tax will be available over the coming weeks.

The Government of Canada, through Western Economic Diversification Canada, is providing loans of up to $40,000 for eligible women-run businesses to help businesses cope with financial hardship and recovery from economic disruption resulting from COVID-19.

The Government of Canada is taking immediate, significant and decisive action through Canada’s COVID-19 Economic Response Plan to support Canadians and protect jobs during the global COVID-19 pandemic, and to better position them for a strong recovery.

The B.C. Emergency Benefit for Workers will provide a tax-free, one time $1,000 payment for B.C. residents whose ability to work has been affected due to COVID-19.

As a Canadian employer whose business has been affected by COVID-19, you may be eligible for a subsidy of 75% of employee wages for up to 12 weeks, retroactive from March 15, 2020, to June 6, 2020.

To help employers keep and return workers to their payroll through the challenges posed by the COVID-19 pandemic, the Prime Minister, Justin Trudeau, announced the new Canada Emergency Wage Subsidy

Emergency benefits to be made available in April for those who don't qualify for EI. Prime Minister Justin Trudeau announces the government's $82 billion emergency response package at a news conference outside Rideau Cottage in Ottawa on Wednesday.

Emergency benefits to be made available in April for those who don't qualify for EI. Prime Minister Justin Trudeau announces the government's $82 billion emergency response package at a news conference outside Rideau Cottage in Ottawa on Wednesday.