Nearly two years after the government requested Visa and MasterCard lower their interchange fees, federal finance Minister Bill Morneau has announced that the government will step in to assess the situation.
The Canadian federal government wants to take a closer look at the extent of foreign ownership of real estate across the nation – but critics are saying their efforts won’t go far enough. There has long been a glaring lack of data on who’s buying real estate in Canada. During the federal election campaign last autumn some politicians promised …
The Conservative government is thinking of offering voluntary CPP expansion as a way to help Canadians save for retirement. Is this the answer to Canada’s savings shortfall? Read on to learn more.
With a federal election and balanced national budget looming, the spotlight is once again the on the possibility of income splitting, a tax measure designed to benefit families with kids under the age of 18. However, a new study finds income splitting will be costly to the provinces – a $1.7-billion annual price tag, to be exact.
As part of efforts to bolster employment and support the economy, the federal government announced a freeze to Employment Insurance rates, which took effect on January 1st. What will this mean for taxpayers?