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The Liberal Government has stated they want to build a strong middle class, but who comprises the middle class? Mr. Morneau in his 2017 budget speech stated, "All Canadians must pay their fair share of taxes," but what is a "fair share"? Let's do the math and find out.
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When it comes to acting as executor of an estate, there is no shortage of responsibilities that should be carefully reviewed prior to accepting the role. One of the most fundamental duties is that all estate related income tax documents are filed and in good standing.
Currently, Ontario has the highest estate tax in Canada. Although there was a recent attempt to address this issue by setting a cap on the amount payable at $3,250.00, the private member's bill that proposed this amendment was voted down at second reading on Sept. 24, 2015.
When taking on the role of estate trustee, there is no shortage of responsibilities and obligations. Along with other obligations described within our previous article, the fiduciary duties of an esta...
NDP leadership hopeful Brian Topp launched the latest salvo in the clash between rich and poor Monday. Declaring growing income inequality to be today’s central economic issue, Topp detailed a series...