Canadian Personal and Business Taxes - Email: contact@fingems.ca
Missed the 2026 Tax Deadline in Canada? What CRA Will Charge and What to Do Next The April 30 tax deadline is one of those dates that sneaks up faster than you'd think. If you've already missed it, or you're […]
Read moreFiling your 2025 taxes this spring? If your spouse or common-law partner earned little or no income last year, you could be leaving thousands of dollars on the table. The Spousal or Common-Law Partner Amount is one of the most […]
Read moreBank of Canada Rate Decision March 18: Why 1.8% Inflation Will Not Trigger a Cut (And What It Means for Your Mortgage and Taxes) Today, Statistics Canada reported February inflation at 1.8% , well below the Bank of Canada's 2% […]
Read moreHolding Company Strategy in Canada: Why Business Owners Use Them and When It Makes Sense Once your operating company starts generating more profit than you need to live on, a holding company can become one of your most powerful tax […]
Read moreCanada Lost 84,000 Jobs in February 2026: Here Is How to Apply for EI If You Have Been Laid Off On March 13, 2026, Statistics Canada reported that the Canadian economy shed 84,000 jobs in February, the largest monthly decline […]
Read morePayroll Deductions for Small Business Owners: What You Must Withhold and Remit The moment you hire your first employee in Canada, you become responsible for withholding and remitting payroll deductions to the CRA. Getting this wrong is one of the […]
Read moreOntario Trillium Benefit (OTB): What It Is and How to Get It If you live in Ontario, you may be leaving money on the table every month without realizing it. The Ontario Trillium Benefit (OTB) is a tax-free monthly payment […]
Read moreCRA My Account: How to Set It Up and Everything You Can Do With It If you are still calling CRA by phone to check your tax refund or RRSP room, you are doing it the hard way. CRA My […]
Read moreLifetime Capital Gains Exemption (LCGE): The Biggest Tax Break for Canadian Business Owners If you own shares of a small business corporation, a farm, or a fishing property in Canada, the Lifetime Capital Gains Exemption (LCGE) could shelter hundreds of […]
Read moreIncorporating in Canada: Alberta vs Ontario vs BC vs Federal — Which Is Right for You? So you're ready to incorporate your business in Canada. Great move. But here's where a lot of people get stuck: which jurisdiction do you […]
Read more2026 Is Not Just One Change. It's a Stack of Them. You've probably heard about the 14% bracket cut . That's the headline. But 2026 actually brought a whole set of federal tax updates that affect your paycheque, your savings […]
Read moreFiling Your 2026 Taxes Feels Different This Year. Here's Why. If you've filed taxes in Canada before, you probably expect the same routine every spring: gather slips, plug numbers into software, submit, wait for your refund. But 2026 is the […]
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