Bill C-208 – What’s all the Fuss About?

Bill C-208 – What’s all the Fuss About?

BackgroundFor decades, income tax legislation has made it difficult to sell your small business or family farm to a family member and still get concessional tax treatment for the seller. Under legislation that previously stood, if you sold your business to an arms’...

Taxation of Stock Options

Stock options are a popular way for companies to attract and retain key employees.  So what happens when an employee is granted stock options by a Canadian-Controlled Private Corporation (“CCPC”)? There are no tax consequences to the employee when the stock options...

RRSPs and the Home Buyers’ Plan (HBP)

It’s RRSP time again, and many people may be trying to decide whether or not to invest their money in an RRSP.  As you make that decision, don’t overlook the possible financial advantage of the Home Buyers’ Plan (HBP). With the HBP, anyone who hasn’t owned a home in...