Canadian Accountant

When a donation is not really a gift: The court's rejects on tax-driven charity arrangements, gifts must be genuine

Canada (2025 FCA 94) addresses the meaning of a "gift" under the Income Tax Act and the requirements for claiming charitable donation tax credits. The case arose after two taxpayers, Chris Walby and ...
Canadian Accountant

Big Four accounting firm Deloitte Canada comes out on top in first firm-specific inspection reports from audit watchdog

Deloitte Canada had the lowest number of audit file deficiencies among the Big Four accounting firms according to newly released audit inspection repor ...
Canadian Accountant

Canada's anti-deferral regime and the FAPI rules: When offshore trust structures trigger more tax

Overview: Canada's approach to offshore income and tax deferral. Canadian income tax law does not prohibit Canadian residents from using offshore entities or structures. What it d ...
Canadian Accountant

Taxpayers group urges Manitoba to permanently cut gas tax as fuel prices rise

WINNIPEG, Mar. 15, 2026 − A taxpayer advocacy group is urging the Manitoba government to permanently cut the provincial gas tax as fuel prices climb across the province. The Canadian Taxpayers ...
Canadian Accountant

Mark Carney highlights areas of Australian‑Canadian cooperation as middle powers

Canberra, March 4, 2026 – Mark Carney has nominated key areas of cooperation between Canada and Australia as part of middle powers building a new international order.
Canadian Accountant

There’s a long way to go before closing the gender pay gap in Canadian accounting

As the Canadian Centre for Policy Alternatives (CCPA) recently noted: “The gender pay gap has narrowed by 20 percentage points since 1977 when the federal government introduced Canada’s first pay ...
Canadian Accountant

If a company is revived, are former directors liable for unpaid GST again?

The King deals with an important issue in tax law and corporate law: when a person stops being a director of a company for the purpose of personal tax liability. The case focuses on whether a former ...
canadian-accountant

2026 outlook: How AI and ecosystem thinking will reshape Canadian accounting

AI is moving beyond basic automation to become a true strategic partner. Here's what we at Xero believe Canadian accountants can expect in the year ahead Lisa Huang is SVP of Product at Xero. Title ...
canadian-accountant

Accepting money from a spouse with tax problems can give you a bigger problem with the CRA

David J Rotfleisch, CPA, JD is the founding tax lawyer of Taxpage.com and Rotfleisch & Samulovitch P.C., a Toronto-based boutique tax law corporate law firm. The case demonstrates that even indirect ...
canadian-accountant

‘We got lazy and complacent’: Swedish pensioners explain how abolishing the wealth tax changed their country

FOR much of the 20th century, Sweden enjoyed a justifiable reputation as one of Europe’s most egalitarian countries. Yet over the past two decades, it has transformed into what journalist and author ...
canadian-accountant

Modernizing the GST/HST small-supplier threshold: A compliance fix hiding in plain sight

Albert Park, CPA, CA, CPA (IL), MTax, is a Senior Tax Manager at Zenbooks. His master’s thesis focused on GST/HST compliance and administrative design. Eric Saumure, CPA, CA, is Principal at Zenbooks.
canadian-accountant

When taxpayer relief, CPP limitation periods, and procedural finality abandon fairness without a remedy

David J Rotfleisch, CPA, JD is the founding tax lawyer of Taxpage.com and Rotfleisch & Samulovitch P.C., a Toronto-based boutique tax law corporate law firm. The taxpayer attempted to object to the ...