Tax
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February 13, 2025
Feds confirm carbon rebate for small business will be tax free, but legislation still lacking
The federal Finance Department has confirmed that the carbon rebate for small businesses will be tax-free — but will not take effect until legislation is amended.
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February 13, 2025
Europe’s revenge: They may hit back harder | Hodine Williams
The imposition of tariffs by the United States on European Union goods has long been a crossroads in transatlantic trade relations. Historically, the U.S. has used tariffs to protect domestic industries, often citing national security or unfair trade practices as justification — yawn. The most notable recent example was the Trump administration’s 2018, decision to impose a 25 per cent tariff on steel and a 10 per cent tariff on aluminium imports from the EU under s. 232 of the Trade Expansion Act of 1962, which allows tariffs for national security reasons. The EU responded swiftly with retaliatory tariffs on iconic American products like alcohol, motorcycles and jeans. But as tensions grow, the question remains: how will the EU respond to U.S. tariffs, and what tools does it have at its disposal?
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February 12, 2025
Medical device industry seeks tariffs exemption due to potential impact on healthcare, patients
Medtech Canada, the national association representing the medical device industry in Canada, is calling on all jurisdictions in Canada to ensure that medical devices are excluded from any retaliatory tariffs or sanctions in response to potential U.S. tariffs.
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February 12, 2025
U.S. estate tax under Trump
What can we expect to happen to U.S. estate tax now that Donald Trump has been inaugurated?
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February 12, 2025
The history of U.S.-Canada trade: A tangled tale | Hodine Williams
Let’s make something clear. From my last article you will by now appreciate that tariffs placed on Canadian goods doesn’t affect the cost of producing Canadian goods or local prices. Canada doesn’t pay the tariffs. Instead, it is paid by persons importing the goods and generally the end users in the United States. The effect is that it makes Canadian good more expensive to Americans and in theory should lower the demand for Canadian goods.
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February 11, 2025
CFIB says GST holiday benefited only 5% of small businesses; restaurant industry reports job gains
The Canadian Federation of Independent Business (CFIB) has concluded that only five per cent of small businesses have seen a sales boost from the GST/HST holiday, as compared to the same period last year. However, industry group Restaurants Canada, citing Statistics Canada data, said the tax break has helped the food service sector reach its highest employment level since the COVID-19 pandemic.
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February 11, 2025
Canada sanctions two Sudanese leaders linked to human rights violations
Ottawa is sanctioning two Sudanese leaders of opposing warring groups who are linked to the ongoing violence against civilians in Sudan, where more than 12 million people have been displaced as a result of the country’s internal conflicts.
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February 11, 2025
The curious case of Canada’s capital gains tax proposals
Benjamin Franklin once wrote that “… in this world, nothing is certain except death and taxes.” While the former sadly remains true, at least in Canada, recent political events have called into question the accuracy of the latter.
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February 11, 2025
CIVIL PROCEDURE - Judgments and orders - Interim declarations - Interlocutory or interim injunctions - Undertaking as to damages
Appeal by Pannu from chambers judge’s decision not to require Director of Civil Forfeiture (Director) to give undertaking as to damages upon granting Interim Preservation Order (IPO) sought by Director. The Director commenced civil forfeiture proceedings against Pannu, a registered owner in fee simple of an interest in property.
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February 10, 2025
C.J. Wagner says top court ‘exploring’ provision of mediation in cases where leave to appeal denied
Lawyers say they want to know specifics about the out-of-the-blue disclosure from Supreme Court of Canada Chief Justice Richard Wagner that he has asked his staff to “explore the possibility” of the top court providing “mediation” for litigants in cases where the apex court denies leave to appeal, and his suggestion that family law cases might lend themselves to a potential mediation initiative.