May 2024 Newsletter

May 2024 Newsletter

2024 Budget Changes to the Capital Gains Inclusion Rate The 2024 federal budget proposes changing the capital gains inclusion rate from 1/2 to 2/3, effective for disposition (sale) of assets on or after June 25, 2024.  Canadian Dental Care Plan (CDCP) On May 1, 2024...
Cryptocurrency

Cryptocurrency

This taxation year was the first time we saw a lot of cryptocurrency (crypto) transactions, so we thought it might be interesting to share some tax information about it. So, What is Crypto? Crypto is a digital currency designed to be used over the internet. The...