LATEST TAX TIP ARTICLES

Key Changes You Need to Know Change 1: GST/HST Refund Officially Cancelled → Replaced with a Name You've Never Heard Of 📌 Current Status: GST/HST credits will be officially abolished starting in July 2026. Replace with: Canada Groceries and Essentials Benefit (CGEB) ✅ Good News: The new benefits are 25% higher than the old tax refund and will last 5 years. In theory, people who have filed taxes will automatically transfer their information. ❌ Bad News: If you move, your mar

The Canadian government has made a big change that affects many property owners. On March 26, 2026, Bill C-15 received Royal Assent. This bill cancels the Underused Housing Tax (UHT) starting with the 2025 tax year. If you own property that was affected by this tax, you no longer need to file a return or pay the tax for 2025 and beyond. This change brings relief to many homeowners and investors. But what exactly does it mean for you? Let’s break down the details and what you