Blog | FBC, Canada's Farm & Small Business Tax Specialist
Saskatchewan Budget Report 2018

Saskatchewan Budget Report 2018

Apr 11, 2018
On April 10, 2018, Finance Minister Donna Harpauer delivered her first budget as Finance Minister. The Finance Minister pointed to the province’s continued shift away from a reliance on natural resource revenue as a positive sign for the economy: Natural resource revenue is projected to make up 10% — or $1.48 billion — of what the province brings in.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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Everything You Need to Know About Foreign Investment Taxes

Everything You Need to Know About Foreign Investment Taxes

Apr 11, 2018
Canadian residents need to pay Canadian income tax on foreign investments. Understanding the taxation rules of foreign investments can help minimize your tax burden.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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Ontario Budget Report 2018

Ontario Budget Report 2018

Mar 29, 2018
The 2018 Ontario budget contains several tax measures affecting individuals and corporations, including the elimination of the high-income surtax from the calculation of total Ontario personal income tax.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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Calculating Taxes when Day Trading in Canada

Calculating Taxes when Day Trading in Canada

Mar 28, 2018
Are you a day trader or a non-professional trader? Knowing the difference will have a big impact on your taxes.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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Trans Pacific Partnership is Signed!

Trans Pacific Partnership is Signed!

Mar 26, 2018
The Comprehensive & Progressive Trans-Pacific Partnership (CPTPP) agreement (formerly the 11-member Trans-Pacific Partnership agreement, or TPP-11) was signed by its member states, including Canada, on 8 March 2018. The agreement covers a market of 495 million people with a combined GDP of CAD$13.5 trillion, or nearly 13.5% of global GDP.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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Alberta Budget Report 2018

Alberta Budget Report 2018

Mar 23, 2018
Alberta faces 5 more years of deficit and billions of dollars in mounting debt before it sees a balance sheet back in the black. It tells a story of an economy still recovering from a lingering oil price shock and struggling with the market access problems with its crude.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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Are Bitcoin Gains Taxable?

Are Bitcoin Gains Taxable?

Mar 21, 2018
In Canada, using Bitcoin for purchases is considered a barter transaction. Transactions using a cryptocurrency are subject to GST/HST and any gain or loss arising on the disposition of the cryptocurrency can be considered business income or a capital gain or loss and depends on the circumstances of the transaction.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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Manitoba Budget Report 2018

Manitoba Budget Report 2018

Mar 13, 2018

Keeping Our Promises … Real Progress for Manitobans

On March 12, 2018, the Honourable Cameron Friesen presented his third budget as Minister of Finance.  

The budget contains several tax measures affecting individuals and corporations.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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AgriStability – What’s New for 2018

AgriStability Changes for 2018 - Simplified Application Process

Mar 06, 2018
The Canadian Agricultural Partnership (CAP), launched in the 2018 Program year, is a five-year federal-provincial-territorial funding agreement that governs agriculture-specific programs including Business Risk Management (BRM) programs such as Crop Insurance, AgriStability, Western Livestock Price Insurance and AgriInvest.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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The Impact of Canada’s New Federal Budget on Small Business Owners

The Impact of Canada’s New Federal Budget on Small Business Owners

Mar 02, 2018
The 2018 budget contains a number of key initiatives that will affect small business owners. What’s missing from the budget is also important too.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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"It’s not the employer who pays the wages. Employers only handle the money. It’s the customer who pays the wages." — Henry Ford