Taxes
Canadian Apartment Magazine
Deduction rules broadened for 2020 income taxes
The Canada Revenue Agency is expected to align with Revenu Québec in allowing employees to claim expenses for working from home during the COVID-19 pandemic, including for a "reasonable" portion of rent.
CondoBusiness
Government fees a large percentage of GTA new home prices: BILD
The impact of all government fees, taxes and charges on the price of new homes in the GTA has increased significantly, according to a new report from BILD.
CondoBusiness
Feds scrutinize real estate deals for tax compliance
The federal government is stepping up its scrutiny of real estate deals in a crackdown on tax cheating, the Canada Revenue Agency (CRA) reported last Friday
CondoBusiness
Safeguarding a non-profit condo’s status
A non-profit condo corporation could lose its status if it generates income from activities that are not incidental to its overall non-profit activities.
CondoBusiness
Toronto’s land transfer tax remains unscathed
Despite vocal opposition from the real estate industry, attempts to reduce the Toronto land transfer tax in the 2014 budget have failed.
Canadian Property Management
Property tax inequity in Vancouver
Unsustainable property tax rates in Vancouver favour residential owners over businesses.
Canadian Property Management
Industry group slams “unworkable” parking levy
A report released by a real estate industry coalition warns of the negative impact a proposed parking levy would have on the Greater Toronto and Hamilton Area (GTHA).
Canadian Property Management
Saskatchewan property values jump
Across the province, property values increased an average of 67 per cent upon the recent reassessment ...
Canadian Property Management
Re-evaluating stormwater run-off costs
Advocates for the commercial real estate industry are united in opposition to a suggested new formula for calculating Toronto’s stormwater service charges.
Construction Business
Rising municipal fees
Construction companies know how important it is to control costs. However, British Columbia’s municipalities don’t seem to share the same sentiment. Municipal government is costing ...
CondoBusiness
Legal update
This video report provides a legal update on recent legislative challenges and court rulings. Commentators: Deacon Spears Fedson & Montizambert's John Deacon and Miller Thomson's Marko Djurdjevac.
Canadian Property Management
Austerity delays equity
The Ontario government has halted promised property tax relief for commercial and industrial ratepayers in Toronto, Hamilton and several other municipalities with a higher than
CondoBusiness
Taxing times
This video report addresses how to handle the impact of the HST. Commentators: Brookfield Residential's Dean McCabe, Halsall Associates' Sally Thompson and CG Maintenance's Richard Senechal.