Canada Revenue Agency

This country is driving Bitcoin prices, rising Canadian cryptocurrency stocks, and the only analyst rating you can trust

Deutsche Bank's global financial strategist Masao Muraki believes he has uncovered the main source of the cryptocurrency mania, writing, ""Mrs. Watanabe" is a buzzword often used by U.S./European media and market participants to symbolize the typical Japanese retail investor who trades in FX …

Finance

What the proposed new income sprinkling rules mean for you and your business

Since Wednesday, accountants, lawyers, small business owners and incorporated professionals have been burning the midnight oil — and not in …

Retirement

CRA service issues are systemic, says taxpayers' ombudsman

'Here's a letter, it's been signed by a Superior Court justice, this should be sufficient, but it wasn't'<p>Canada's ombudsman for taxpayers says …

Vancouver

CRA squeezes voluntary disclosures amid tax-evasion crackdown

The Canada Revenue Agency will no longer allow Canadians to benefit from financial relief when they disclose unreported income in cases that involve offshore dealings or sophisticated tax-avoidance schemes, federal officials said. Starting in March, the federal agency will restrict the incentives …

Corruption

Taxation scam making the rounds in Winnipeg

Fraudsters are again impersonating staff from the Canada Revenue Agency (CRA) and their tactics are aggressive, police warn.<p>Scammers call, email or …

Identity Theft

Senators’ business venture linked to China; CRA squeezes voluntary disclosures amid tax-evasion crackdown

Good morning,<p>These are the top stories:<p><b>Two Conservative senators' business venture linked to China</b><p>Two Conservative senators – one with close ties to Beijing – set up a private consulting business this year with partners who are involved in attracting investment from China to Newfoundland and …

Rachel Notley

Politics Briefing newsletter: NHL alumni play hockey on Parliament Hill

<b>Good morning,</b><p><b>We begin with a chilly report today from Bill Curry in Ottawa:</b><p>With Members of Parliament back in their ridings, the action on Parliament Hill shifts outside Friday for an NHL alumni game.<p>The temporary Canada 150 Rink on the front lawn of Parliament Hill will be the setting for an …

Canada

What you need to know as Bill Morneau announces changes to tax proposals

Finance Minister Bill Morneau has unveiled the finalized version of one of the controversial changes he first proposed last summer to the Income Tax …

Bill Morneau

Sprinkles

Another day, another detour. In Washington, Donald Trump used some average families as props while announcing a “giant, really giant” tax cut. A …

Retirement

Stolen donations, tax fraud, abusive priests: Lawsuit alleges corruption among Greek Orthodox church leaders

Allegations in statement of claim are 'wholly without merit,' says Greek Orthodox Metropolis of Toronto<p>Money stolen from a church fundraiser for a …

Corruption

Advocate calls for full review of Indigenous affairs departments and bureaucrats that run them

<i>Mark Blackburn</i> <i><br>APTN News</i> <br>The executive director of the First Nations Child and Family Caring Society is calling for a complete review of both …

Canadian News

Morneau to outline income sprinkling guidelines today

Business groups and Conservatives have been calling on finance minister to release details before Jan. 1<p>Finance Minister Bill Morneau will finally …

Retirement

The CRA 'picks on people who can't defend themselves,' says single mother battling agency

Taxpayers' Ombudsman says fight for child benefit is a 'systemic' problem<p>Tears well up in Karli Baxter's eyes as she recounts her recent experience …

Morneau outlines small-business tax revisions as committee calls for plan to be scrapped

The Liberal government is making further concessions to small-business owners even as a Senate study has concluded that Finance Minister Bill Morneau should scrap his controversial tax plan entirely.<p>As members of Parliament bolted for the exits for a six-week recess, Mr. Morneau stood in the House …

Bill Morneau

Fraudsters sending false e-transfer emails claiming to be from the CRA

ST. JOHN’S – The RCMP is warning about a fraudulent e-transfer email scam claiming to be from the Canada Revenue Agency (CRA).<p>According to a RCMP …

Identity Theft

An arrest over a $1 fossil, and a vanished boat: what's being stolen from the feds

A fossil worth a loonie, a boat, and a stockpile of electronics are among the things that were reported stolen from the federal government in the …

Canada

The Liberals in late 2017 — sinking in the House, soaring everywhere else

As the fall sitting of the House winds up this week, it’s fair to say the Liberals have been getting murdered in question period. But you wouldn’t …

Canada

Politics This Morning: Morneau to announce small business tax changes; Duncan to name first researchers recruited under Canada 150 Research Chairs competition; two new Senators to be sworn in

Good Wednesday morning,<p>Finance Minister <b>Bill Morneau</b> is expected to unveil the Liberal government’s long-awaited tax changes for small businesses at a …

Canada

Salon set up to support charity actually cost it tens of thousands: CRA

A North Vancouver hair salon set up to give a cut to a charity benefiting those with mental illness actually received nearly $100,000 from the …

Lower Mainland

Canadian dollar faces two days of unrest (but Poloz isn’t roiling it as you might think)

Briefing highlights<p>Loonie could see some upset<br>• What to expect from the Fed<br>• What else to watch for today<p>Loonie watching<p>The Canadian dollar could be in for a couple of days of unrest as central bankers take centre stage.<p>But, new research shows, Bank of Canada Governor Stephen Poloz isn't roiling the …

Economy

B.C. government expects changes in 2018 to help collect fraud penalties, pursue criminal convictions | The Province

B.C. Finance Minister Carole James said Tuesday her government expects to take steps in the new year to improve fine collections and increase …

Fraud

Morning Brief: 75 per cent for the provinces, 75 per cent for the Liberals

<b>Today’s Morning Brief is brought to you by Boeing, committed to Canada since 1919.</b><p><i>Morneau expected to answer for giving 75 per cent of pot proceeds</i> …

Canada

Federal workers call on government to fix issues surrounding Phoenix payroll system

Dozens of public servants staged a rally in Vancouver to draw awareness to the problematic system<p>On the last pay day before Christmas, supporters and …

Canada

Morneau to release small-business tax details as MPs break for holidays

Finance Minister Bill Morneau will release long-promised details of new small-business tax changes Wednesday, leaving business owners with just over two weeks to prepare before the new rules take effect on Jan. 1.<p>Business groups and opposition parties have sharply criticized the federal government …

Bill Morneau

CRA's new Postal Code Project targeting richest homeowners

Canada has long had wealthy tax evaders who engage in “creative bookkeeping,” which is why the Canada Revenue Agency has launched a new initiative to …

At a loss for words: How an Ottawa firm recovered from losing its key contract

Masha Krupp’s world imploded Sept. 27, 2016.That was the day the Ottawa entrepreneur learned her 25-year-old firm had lost half its revenues in a …

Ottawa’s tax changes threaten to swamp the court, chief justices warn

OTTAWA — Both the current chief justice and a former chief justice of the Tax Court of Canada are warning that a “reasonableness test” inside …

Bill Morneau

Trudeau’s shiny stars have a lot of scuff marks now

Defence Minister Harjit Sajjan's appointment to the cabinet in 2015 garnered a chorus of wows in press stories that labelled the former lieutenant-colonel who had done three tours in Afghanistan as a "badass." This week, he'll unveil a plan to buy second-hand fighter jets from Australia.<p>A year ago, …

Canada

Senator calls on budget watchdog to take CRA to court to reveal tax gap information

Parliamentary Budget Office has been fighting for 5 years to get information<p>A Liberal senator is asking the government's budget watchdog to flex his …

Vancouver

For a farmer, growing marijuana is just like growing any other plant

Edwin Jewell has spent his life farming and growing plants in York, P.E.I.<p>So, in January 2013 when he was looking for another business opportunity, …

Cannabis Industry