Recent News

Bank of Canada cuts key interest rate to 4.75%

Bank of Canada cuts key interest rate to 4.75%

CBC Article: Author: Jenna Benchetrit · CBC News  The Bank of Canada has lowered its key interest rate to 4.75 per cent, marking the bank's first rate cut since March 2020. Bank governor Tiff Macklem said in opening remarks that the bank's monetary policy no longer...

Trudeau cuts tax on rental builds, pushes grocers on food costs

Trudeau cuts tax on rental builds, pushes grocers on food costs

Written by: BNN Bloomberg Brian Platt and Laura Dhillon Kane Published September 14, 2023 Canadian Prime Minister Justin Trudeau said his government would remove taxes for constructing rental apartment buildings and require grocery chain executives to come up with a...

What slowdown? Economy outperforms, raising odds of a rate hike

What slowdown? Economy outperforms, raising odds of a rate hike

Written by: Nojoud Al Mallees This report by The Canadian Press was first published May 31, 2023 OTTAWA -  The Canadian economy grew faster than expected in the first three months of the year and likely expanded again in April, fuelling speculation that the Bank of...

 CANADIAN CONTROLLED PRIVATE CORPORATIONS (CCPC) 

 CANADIAN CONTROLLED PRIVATE CORPORATIONS (CCPC) 

What are Canada-controlled private corporations (CCPC)? The government of Canada recognizes various types of corporations for tax purposes. All eligible corporations are expected to report their corporate business income at the end of their fiscal year. As a...