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How do the new capital gains tax rates impact your portfolio and retirement plans? Call us today at 416-826-7686 to find out.

'Deeply unfair': CFIB calls on federal government to scrap capital gains tax increase - BNN Bloomberg With less than a week before Canada’s capital gains tax inclusion rate is set to rise, the country’s largest small-business association is renewing calls for the federal government to scrap the change or risk negatively impacting thousands of enterprises and their owners.

Capital Gains Conundrum: Taxing Tomorrow for Today's Treasury

Feds' decision to delay capital gains tax changes a 'Ponzi scheme': Wiseman - BNN Bloomberg The former head of Canada’s largest pension plan says the federal government’s decision to delay the implementation of proposed changes to the capital gains tax was made to collect additional tax revenue in the near term.

AI: The Boon or the Curse?

Generative AI could add $187 billion to Canada's economy by 2030: Microsoft - BNN Bloomberg Generative AI is poised to add around eight per cent to Canada’s labour productivity by the end of the decade, according to Microsoft Canada President Chris Barry.

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More Canadians only making minimum payment on credit cards: TransUnion - BNN Bloomberg A new report suggests an increasing number of Canadians are seeing their credit card balances balloon as the cost-of-living crisis and higher interest rates eat into household budgets.

Govt. of Canada targets businesses. Future investment by businesses may be at risk!

Firms say Canada tax move risks deeper productivity slump - BNN Bloomberg Canada’s decision to increase capital gains taxes was criticized by businesses who warned the move would only exacerbate the country’s investment and productivity woes.

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Tech experts hope federal AI funding will help quicken adoption, commercialization - BNN Bloomberg Tech experts are hopeful that more than two billion dollars in federal funding for Canada's artificial intelligence industry will accelerate the adoption of technology and help businesses commercialize AI products and services.

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Only 33% of Canadians are 'very confident' in maximizing tax breaks: survey - BNN Bloomberg Ahead of the deadline to file your taxes, most Canadians don’t think they are leveraging all of the tax breaks available to them.

Buckle up for the second half of 2024.

Interest rates impacting household credit conditions: economist - BNN Bloomberg High interest rates are weighing on household credit conditions, which will have implications on spending, according to one chief economist.

Is the worst yet to come?

B.C., Ontario mortgage-holders increasingly missed payments in Q4, Equifax says - BNN Bloomberg Consumers in Ontario and British Columbia increasingly missed payments on mortgages and credit cards in the fourth quarter of 2023, Equifax Canada said.

Slowing economy and rising deficits! Buckle up!

Federal government posts $23.6B deficit for April-to-December period - BNN Bloomberg The federal government posted a budgetary deficit of $23.6 billion for the first nine months of its 2023-24 fiscal year.