New for 2019 is the Employer Health Tax. This new payroll tax replaces the Medical Service Plan that is currently in place. The monthly Medical Services Plan payments continue to be charged throughout 2019 but are eliminated January 1, 2020.

Some of you may have noticed that your employer is with-holding more Canada Pension Plan (CPP) in 2019 than they did in 2018. This increase is the first of several steps to increase the CPP benefits receivable in the future. 

Event Date(s): 
Repeats every week every Saturday until Sat Mar 30 2019.
Saturday, March 2, 2019
Saturday, March 9, 2019
Saturday, March 16, 2019
Saturday, March 23, 2019
Saturday, March 30, 2019
1:00pm - 4:00pm

Is your income under $45,000 for families and $35,000 for individuals? (add $2,500 for each dependent). The CRA community volunteer income tax program can help you file your 2018 income tax. Bring your 2017 notice of assessment and your 2018 information slips.

Last month Gerald wrote about investing and the thrill experienced from receiving money that you did not work for. This article is even better. How you can get money from the Government or at least keep some of your money from going to the Government.

Most of us avoid thinking about our income tax return until it is time to file it. We are taxed on the calendar year so here are some suggestions that may reduce your 2018 income tax expense.

Canada Revenue Agency (CRA) has assessed your tax return as filed. Then another letter arrives, stating CRA is doing a limited audit. What do you do?

Organizing your tax information prior to submitting it to your tax preparer or before you begin to complete the return yourself reduces the risk of missing some pertinent information.

A very common question asked by small business shareholders is Should I compensate myself with wages or dividends?”  The answer is more complex than simply the overall tax implications.


Are RRSP's or a TFSA better for you? It depends. To make your best choice you need to consider the following.


Finance Minister Bill Morneau released a consultation paper and related draft legislation proposing changes to taxation of private corporations.