Taxes – Communications with tax authorities and document retention
As tax returns are being prepared, many taxpayers are discovering, sometimes too late, issues that could have been avoided by simple preventive measures. Whether it’s missed communications with the tax authorities or documents that can’t be found at the right time, these situations can lead to delays, penalties and even unfavourable assessments. In this context, […]
Federal Budget 2025 – Tax announcements
On November 4, 2025, the Minister of Finance presented the 2025 federal budget. Here is an overview of the tax measures that could have an impact on individuals and businesses. Measures for private customers The budget clarifies certain previously announced measures, including : Cancellation of capital gains inclusion rate increase: Budget 2025 cancels the increase […]
Enhanced GST/HST rebate for first-time home buyers
On May 27, 2025, the federal government announced a major improvement to the GST/HST rebate for first-time buyers of new or substantially renovated homes. This measure is designed to facilitate access to home ownership for first-time homebuyers, by eliminating or reducing the GST (or the federal portion of the HST) on the purchase or construction […]
New parental union plan
What you need to know about the main features of the new parental union plan On June 30, 2025, Quebec is introducing a new parental union plan that will automatically apply to common-law spouses who become parents of a child born or adopted on or after that date. This system aims to give greater legal […]
Understanding the challenges of accounting in Quebec
Accounting is at the heart of a company’s financial management. It provides a clear picture of the company’s economic situation and ensures compliance with legal and tax obligations. However, a number of challenges need to be met to guarantee the reliability and transparency of accounting information. Good accounting management does more than simply record transactions; […]
Summary of the Quebec Budget 2025-2026
Quebec budget: “For a strong Quebec”. On March 25, 2025, Finance Minister Éric Girard tabled his budget plan for 2025-2026, aimed at strengthening the economy. Investments totaling $12.3 billion over the next five years were announced. The most important of these are aimed at stimulating wealth creation, supporting Quebecers, and increasing theinnovative capacityof businesses. The […]
Short-term leasing – Beware of compliance!
Since January1, 2024, a measure has been in place to disallow expenses incurred (including interest charges) to earn income from short-term rentals if these are deemed to be non-conforming. The aim of this measure is to encourage the long-term rental of residential properties in order to alleviate the current housing crisis. Statistically, as of March […]
Planning for the end of fiscal 2024
The end of the year is a strategic time to optimize your tax situation, whether you’re a shareholder, an employer or an individual. In this article, we discuss practical tips and essential reminders for maximizing your tax savings, avoiding the pitfalls of taxable benefits and effectively planning your financial decisions. Shareholder remuneration: Rule of thumb […]
Apply to the Canadian Dental Care Plan
The Canadian Dental Care Plan (CDCP), launched in December 2023, offers dental care coverage to Canadian residents with adjusted family net incomes of less than $90,000 who do not have access to dental insurance. For eligible Canadian residents, the CDHA will help cover the cost of a variety of oral health care services. The CDHA […]
Capital gains: is action urgently needed?
Capital gain, a central concept in finance and taxation, represents much more than a simple financial measure. It embodies the fruits of investment, the risks taken and the rewards achieved in the complex world of financial markets. Understanding how it works is crucial to managing your financial assets. A reminder of the definition of capital […]