The filing deadline for 2014 tax returns has been extended from April 30, 2015 to May 5, 2015. The CRA released a communication in error on April 24, 2015 referring to the May 5 deadline. To avoid any confusion, the…
In today’s provincial budget Ontario announced that it has eliminated the Ontario Resource Tax Credit and the Additional Tax on Crown Royalties. The Ontario Resource Tax Credit was generally viewed as beneficial for mining companies because it typically provided a…
Minister of Finance Joe Oliver announced as part of the 2015 federal budget released on April 21, 2015 that the annual contribution limit for Tax-Free Savings Accounts will be increased from $5,500 to $10,000 effective for contributions made in the…