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CRA Shifts to Online-Only Mail for Businesses
What Business Owners Need to Know The Canada Revenue Agency (CRA) has made a significant change in how it communicates with business owners. The change applies to all new business number registrants, existing businesses registered for My Business Account program,
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Interest Rate Cuts and Construction Growth
The recent reduction in interest rates by the Bank of Canada presents an opportunity for construction companies in Ottawa to capitalize on more favorable financing conditions. Until recently, high borrowing costs and stringent loan conditions posed significant
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New Year, New Possibilities For Your Business
Live WebinarTuesday, January 28th @ 12:00pm EST Click here to register. Owning and running a successful business is an achievement, but even the best businesses can hit a plateau. Stagnation, frustration, or challenges in reaching full potential are common hurdles for
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Fall Economic Statement Focuses on Business Investment
Monday was a day of political drama on Parliament Hill. Despite the turmoil, the Fall Economic Statement was eventually released, bringing with it a series of tax incentives aimed at driving business investment. The Statement projects a budget deficit of $61.9 billion
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Temporary GST/HST Holiday
On December 12, 2024, the Federal Government adopted legislation to remove the GST/HST on holiday essentials, such as groceries, restaurant meals, drinks, snacks, children’s clothing and gifts from December 14, 2024, until February 15, 2025. In Ontario, the
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New Rules for Airbnb and Other Short-Term Rental Owners
Will You Be Entitled to Deduct Your Expenses in 2024? If you rent your cottage, your vacation home, your condo, your house or any other residential property for short periods of time using Airbnb or another platform, staying compliant with local regulations is more
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