Canada Revenue Agency

Minister of Justice and Attorney General of Canada announces a judicial appointment to the Tax Court of Canada

Retrieved on: 
Wednesday, May 1, 2024

Sophie Matte, Executive Director and General Counsel at the Courts Administration Service in Ottawa, is appointed an associate judge of the Tax Court of Canada.

Key Points: 
  • Sophie Matte, Executive Director and General Counsel at the Courts Administration Service in Ottawa, is appointed an associate judge of the Tax Court of Canada.
  • Associate Judge Matte was the Executive Director and General Counsel of the Tax Court of Canada where she oversaw the general administration of registry operations and judicial support services.
  • She has also appeared before the Federal Court of Appeal, the Court of Appeal of Quebec, the Tax Court of Canada, and the Ontario Superior Court.
  • Budget 2022 provides for 22 new judicial positions, along with two associate judges at the Tax Court of Canada.

CanadaHelps' 2024 Giving Report Reveals the Number of Canadians Donating to Charity Hits Lowest Point in Recent History

Retrieved on: 
Wednesday, April 17, 2024

“At the same time, donation amounts are rising which means those who do make charitable contributions are giving more.

Key Points: 
  • “At the same time, donation amounts are rising which means those who do make charitable contributions are giving more.
  • Key findings include:
    Giving participation decline: For the eleventh consecutive year, the number of Canadians making charitable donations has decreased.
  • The Giving Report also reveals several other major contributing factors to the decline in the number of charitable donations or giving participation, including:
    Financial strain exacerbated by inflation and economic uncertainty.
  • From 2019 to 2023, online donations through CanadaHelps almost doubled, one of the brightest findings from The Giving Report.

Madison Pacific Properties Inc. announces the results for the six months ended February 29, 2024

Retrieved on: 
Saturday, April 13, 2024

VANCOUVER, British Columbia, April 12, 2024 (GLOBE NEWSWIRE) -- Madison Pacific Properties Inc. (the Company) (TSX: MPC and MPC.C), a Vancouver-based real estate company announces the results of operations for the six months ended February 29, 2024.

Key Points: 
  • VANCOUVER, British Columbia, April 12, 2024 (GLOBE NEWSWIRE) -- Madison Pacific Properties Inc. (the Company) (TSX: MPC and MPC.C), a Vancouver-based real estate company announces the results of operations for the six months ended February 29, 2024.
  • Also included in net loss is a net gain on the fair value adjustment on investment properties of approximately $4.3 million (2023: $14.0 million).
  • The decision denied Madison Pacific Properties Inc.’s ability to use certain carryforward losses for certain taxation years within its 2009 to 2017 taxation years.
  • As at February 29, 2024, the Company owns approximately $709 million in investment properties, including the Company’s proportionate share of investment properties held through joint operations.

Prime Minister announces changes in the senior ranks of the public service

Retrieved on: 
Friday, April 26, 2024

Andrew Brown, currently Associate Deputy Minister of Employment and Social Development, becomes Associate Deputy Minister of Canadian Heritage, effective May 6, 2024.

Key Points: 
  • Andrew Brown, currently Associate Deputy Minister of Employment and Social Development, becomes Associate Deputy Minister of Canadian Heritage, effective May 6, 2024.
  • Brigitte Diogo, currently Deputy Commissioner of the Canada Revenue Agency, becomes Associate Deputy Minister of Transport, effective May 6, 2024.
  • Jean-François Fortin, currently Associate Deputy Minister of Justice, becomes Deputy Commissioner of the Canada Revenue Agency, effective May 6, 2024.
  • Samantha Maislin Dickson, currently Assistant Deputy Minister, Public Safety, Defence and Immigration Portfolio, Department of Justice Canada, becomes Associate Deputy Minister of Justice, effective May 6, 2024.

Nearly 1 in 4 Canadians Have Yet to File Their Taxes with Only 6 Days Until the April 30 Deadline

Retrieved on: 
Thursday, April 25, 2024

Around 71% of those that have not yet filed plan to do so before the April 30 deadline; however, a whopping 25% say they'll miss the deadline, entirely.

Key Points: 
  • Around 71% of those that have not yet filed plan to do so before the April 30 deadline; however, a whopping 25% say they'll miss the deadline, entirely.
  • Around 23% of Canadians (7M) have yet to file their taxes, according to a new survey commissioned by H&R Block Canada.
  • Our message to all Canadians is to file your taxes before the April 30 deadline.
  • Repercussions of filing after the April 30 deadline: Filing the 2023 tax return late could cost Canadians more.

Federal Budget 2024: United Brotherhood of Carpenters welcomes federal emphasis on housing and continued support for apprenticeship training but looks for increased efforts to combat tax fraud in the construction industry

Retrieved on: 
Thursday, April 18, 2024

Carpenters and other construction workers are key to building houses and Canada needs many diverse and well-trained tradespersons to address the national housing crisis.

Key Points: 
  • Carpenters and other construction workers are key to building houses and Canada needs many diverse and well-trained tradespersons to address the national housing crisis.
  • The United Brotherhood of Carpenters (UBC) welcomes Budget 2024's emphasis on housing while pointing out that more support is needed for workers on the frontline who build homes.
  • Budget 2024 rightfully focuses on expanding the much-needed supply of skilled trades labour by continuing to fund the successful Apprenticeship Service Program.
  • Construction industry tax fraud, labour trafficking and the underground economy hurt everyone and cost the Canadian economy billions.

The CRA is making it easier to access its digital services

Retrieved on: 
Thursday, April 11, 2024

This new identity validation option also applies to digital services for businesses and representatives, like My Business Account and Represent a client .

Key Points: 
  • This new identity validation option also applies to digital services for businesses and representatives, like My Business Account and Represent a client .
  • Currently, the registration process requires individuals to request a CRA security code by mail, which can take up to 10 business days.
  • These services can help provide access to important tax and benefit information, and speed up the tax filing process.
  • With access to My Account, individuals can check the status of requests submitted to the CRA and apply for benefits like the interim Canada Dental Benefit.

Glacier Reports Year End 2023 Results

Retrieved on: 
Friday, March 22, 2024

Consolidated revenue for the year ended December 31, 2023, was $154.9 million, down $21.1 million or 12.0% from the prior year.

Key Points: 
  • Consolidated revenue for the year ended December 31, 2023, was $154.9 million, down $21.1 million or 12.0% from the prior year.
  • Additionally, the Company sold the mining media operations in the fourth quarter of 2023.
  • This was partially offset by the effects of cost reduction measures that were put in place earlier in 2023, including lower investment spending and targeted print publication closures having a positive effect on results overall.
  • The Company has implemented cost cutting measures throughout 2023 and will continue to proactively implement targeted measures into 2024.

Recce Pharmaceuticals Announces RECCE® Trademark Registered in Canada, Strengthening Global IP Portfolio

Retrieved on: 
Friday, March 22, 2024

SYDNEY, Australia, March 22, 2024 (GLOBE NEWSWIRE) -- Recce Pharmaceuticals Ltd (ASX: RCE, FSE: R9Q), the Company developing a new class of synthetic anti-infectives, today announced it has been issued a trademark registration for RECCE® from the Canadian Intellectual Property Office, strengthening its global intellectual property (IP) portfolio.

Key Points: 
  • SYDNEY, Australia, March 22, 2024 (GLOBE NEWSWIRE) -- Recce Pharmaceuticals Ltd (ASX: RCE, FSE: R9Q), the Company developing a new class of synthetic anti-infectives, today announced it has been issued a trademark registration for RECCE® from the Canadian Intellectual Property Office, strengthening its global intellectual property (IP) portfolio.
  • 1289603 formally assigns RECCE® the Canada Trademark No.
  • “We are pleased to receive this newly registered trademark in Canada, building upon those already registered in the world’s largest pharmaceutical markets,” said James Graham, Chief Executive Officer of Recce Pharmaceuticals.
  • The Canada Revenue Agency administers the program, aiming to incentivize businesses to conduct R&D in Canada, encouraging innovation and technological advancements.

Taxpayers' Ombudsperson launches systemic examination into delays in Canada child benefit payments for temporary residents

Retrieved on: 
Tuesday, March 26, 2024

OTTAWA, ON, March 26, 2024 /CNW/ - The Taxpayers' Ombudsperson, Mr. François Boileau, has opened a systemic examination into issues that could prevent some temporary residents from receiving the Canada child benefit (CCB) in a timely manner.

Key Points: 
  • OTTAWA, ON, March 26, 2024 /CNW/ - The Taxpayers' Ombudsperson, Mr. François Boileau, has opened a systemic examination into issues that could prevent some temporary residents from receiving the Canada child benefit (CCB) in a timely manner.
  • Temporary residents are legally authorized by Immigration, Refugees and Citizenship Canada (IRCC) to enter Canada for temporary purposes, including as a visitor, student, worker, or temporary resident permit holder.
  • Most temporary residents are eligible to receive the CCB in their 19th month of continuous residency in Canada.
  • However, the Office of the Taxpayers' Ombudsperson (OTO) has found issues that could be causing unnecessary interruptions in CCB payments to some temporary residents.