Self-Employed in Toronto? Your 2024 Return Was Due June 16, 2025 — But the Tax Bill Was Due Earlier
If you or your spouse or common-law partner carried on a business as a sole proprietor in 2024, the Canada Rev...
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Blog
Notes on finance, governance and growth from the partners at RN Canada.
The Capital-Gains Increase Is Cancelled: Alberta Owners Who Paused Their Exit Can Move Again
On March 21, 2025, Prime Minister Mark Carney's government announced that the proposed increase to Canada's ca...
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BC Minimum Wage Rises to $17.85 on June 1, 2025: Budgeting the CPI-Indexed Increase
On June 1, 2025, British Columbia's general minimum wage rises from $17.40 to $17.85 per hour — a 2.6 per cent...
Read →Ontario's Personal Tax Deadline Was April 30, 2025: What Toronto Owner-Managers Should Have Checked
The deadline to file a 2024 personal income tax return (T1) and pay any balance owing was April 30, 2025, per...
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Tariffs Hit the Oilpatch: Cash-Flow Planning When WCS Falls
In early March 2025, the United States applied a 10% tariff on Canadian energy exports that do not qualify for...
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Rates Down to 2.75%: Resetting Financing and Capital Plans for BC Businesses
When the Bank of Canada raised its policy rate to 5 per cent in mid-2023, a great many BC owners quietly shelv...
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The Capital Gains Increase Is Cancelled: What Changes for BC Companies Now
After nearly a year of planning around a tax change that kept moving, BC owners finally have a stable answer:...
Read →Corporate Tax Instalments in 2025: Getting Your Q1 Estimate Right as a Toronto CCPC
By late March, most Toronto corporations with a calendar or near-calendar fiscal year have already made — or a...
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Alberta's New 8% Tax Bracket: What It Means for Owner-Managers' Personal Draw
On February 27, 2025, Alberta Finance Minister Nate Horner tabled the 2025–26 provincial budget. Most of the h...
Read →RRSP Deadline and T4/T5 Season 2025: What Toronto Business Owners Need to File by End of February
Late February is the busiest single stretch on the Canadian tax calendar for a small business owner who is als...
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Alberta Budget 2025: Surplus, Heritage Fund Growth and the No-PST Advantage
As of today, February 15, 2025, Alberta's 2025 provincial budget has not yet been tabled. Finance Minister Nat...
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US Tariffs on Canada: Assessing and Managing Trade Exposure for BC Businesses
If a 25 per cent tariff landed on your products at the US border next month, would you know — to the dollar —...
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