Ensuring Business Continuity & COVID-19 Preparedness
Dear Clients: On behalf of the HS & Partners Team, we are writing to advise you that we are taking every reasonable precaution to help ensure the health and safety of our staff, our clients and business colleagues. We are closely monitoring this unprecedented and evolving situation and will adapt our protocols accordingly. Until such […]
Government Financial Stimulus Update for Canadians
Dear Clients & Friends: Below are some of the most recent measures announced by the government of Canada with regards to its financial stimulus package : Emergency support benefit To be targeted to individuals not eligible for EI, such as self-employed individuals The emergency benefit payment is expected to be similar to EI benefit payments The eligibility criteria is […]
Federal Budget Commentary 2019
On March 19, 2019 the Honourable Bill Morneau, Minister of Finance, presented the 2019 Federal Budget, Investing in the Middle Class, to the House of Commons. No changes were made to personal or corporate tax rates, nor to the inclusion rate on taxable capital gains. Some highlights include: 1. Personal Income Tax Enhancements to […]
Federal Budget Commentary 2018
On February 27, 2018 the Honourable Bill Morneau, Minister of Finance, presented the 2018 Federal Budget to the House of Commons. The Government’s fiscal position includes a projected deficit in 2017-2018 of $19.4 billion, and projected deficits in the coming years as follows: 2018-2019 of $18.1 billion, 2019- 2020 of $17.5 billion, 2020-2021 of $16.9 […]
Post secondary students and income tax
It shouldn’t be news to anyone that while the cost of obtaining a post-secondary education continues to rise, the government’s financial support of post-secondary institutions has, no less, declined. Additionally, the generous government student loan and grant programs available to earlier generations of students are no longer as generous as they once were. A realistic […]
