Insights

The 2025 personal income tax filing deadline is April 30, 2026. The filing deadline for self-employed individuals and their spouses (including HST returns) is June 15, 2026. All outstanding income tax and HST payments are due on or before April 30, 2026. A [...]

For years, Canadians—particularly high‑earning professionals and business owners—have faced some of the highest personal income tax rates in the world. In Ontario, the top marginal rate has remained above 53.5%, and most other provinces also impose top brackets exceeding 50%. Ontario’s highest tax [...]

Prime Minister Mark Carney and his Cabinet have overpromised and under-delivered.  Fortunately, the tyranny of past Liberal governments on entrepreneurs and small business owners seems to have ended in this most recent Federal Budget. This comes with the budget announcement that privately owned corporations will need [...]

The Liberal government, led by Prime Minister Mark Carney, tabled its first budget in the House of Commons on November 4, 2025. The budget included several notable tax measures targeting businesses, entrepreneurs, and individuals. The budget is designed to encourage investment to address the challenges in Canada to strengthen the economy and [...]