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🍁The Underused Housing Tax Act (UHTA) – Key Dates and Requirements Approaching 🍁

The purpose of the UHTA  The UHTA, effective from January 1, 2022, imposes a 1% annual tax on vacant or underused residential properties not owned by Canadian citizens or permanent residents. This tax is calculated based on the property\’s assessed value or recent sale price, with the first payment due by April 30, 2024  Note: […]

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The CPP post-retirement benefit – deciding whether to contribute

A generation ago, retirement was an event. Typically, an individual would leave the work force completely at age 65 and begin collecting Canada Pension Plan and Old Age Security benefits along with, in many cases, a pension from an employer-sponsored registered pension plan. Much has changed in the intervening decades and one of those changes

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