Using a Corporation for Buying Real Estate

Using a Corporation for Buying Real Estate Are you a real estate investor ? If you are in position of buying real estate as investment property, the question of purchasing through a corporation may have come to mind. In the case of Corporate Real Estate, the corporation becomes the legal owner on the title of…

Calculating Capital Gains When Day Trading in Canada

Calculating Capital Gains When Day Trading in Canada You realize a capital gain when you buy security and sell at a profit. In order to determine the taxable capital gain, the capital gain amount is multiplied with the year’s inclusion rate. At the moment this rate is 50% Capital gains tax may not be applicable…

Canada Revenue Agency Tax Treatment of Bitcoins

Canada Revenue Agency Tax Treatment of Bitcoins and Other Cryptocurrencies   Bitcoin The Cryptocurrency Climate in Canada Over the past couple of years, Bitcoin and other cryptocurrencies have been garnering more attention from the media and consequentially from Canadian taxpayers. The nature of these cryptocurrencies have resulted in their implementation across various jurisdictions today, however,…

Government Debt in Canada as of 2017

Government Debt in Canada as of 2017 Upon the release of the annual budgets by the federal and provincial, increasing debt and budget deficits are key issues. We have seen an increase in the combined federal and provincial net debt from $833 billion in 2007 to a projected $1.4 trillion in 2017. The combination of…