Budget 2017: Personal Income Tax Changes

Budget 2017: Personal Income Tax Changes

On March 22, 2017 the Honourable Bill Morneau, Minister of Finance, presented the 2017 Federal Budget, Building a Strong Middle Class, to the House of Commons. The Government’s fiscal position includes a projected deficit in 2016-2017 of $23.0 billion, and projected...

Starting a Business

Part I: Business StructureCongratulations, you have decided to start your own business. One of the first decisions you need to make is what structure you are going to use for your business. This has important implications for how you register your business and how you...
Profit from GST using the Quick Method

Profit from GST using the Quick Method

In this blog I will discuss the Quick Method of reporting GST and demonstrate how some businesses can profit by electing to use this method. That’s right, there is profit available and the amounts that I see with some of my clients can be as high as $2,000+ per year....