Michelle Schriver

6 days ago | investmentexecutive.com | Michelle Schriver

Tax-related measures to watch for in the federal budget — or sooner By: Michelle Schriver May 9, 2025 16:11 Michelle Schriver Many tax proposals linger in limbo following a lack of legislation in recent months combined with the recent federal election and Parliament’s upcoming summer recess. When former prime minister Justin Trudeau prorogued Parliament on Jan. 6, all unfinished legislative business was dropped. On March 23, Parliament was dissolved ahead of the April federal election, which...

1 week ago | investmentexecutive.com | Michelle Schriver

The change, announced last fall, applies as of May 12 to new business number and program account registrations. It will apply as of June 16 to existing businesses registered for My Business Account or those with representatives who access CRA services on their behalf through Represent a Client. “Going digital means businesses will need to sign in to My Business Account to receive important pieces of correspondence, such as notices of assessment,” the CRA said in its release.

1 week ago | investmentexecutive.com | Michelle Schriver

A CALU spokesperson confirmed in an emailed statement that “the requirement for CALU members and provisional members to be members of Advocis was upheld,” but provided no voting results. Advocis said in an email that it has no comment at this time. CALU, which focuses on advanced financial and tax planning as well as advocacy, was created as part of Advocis three decades ago.

1 week ago | investmentexecutive.com | Michelle Schriver

Michelle Schriver Advocis has filed a statement of defence in court, denying all allegations made by a cybersecurity firm seeking more than $560,000 for breach of contract, and for breaching duties to act honestly and in good faith. The association also made a counterclaim against the firm for breach of contract and unjust enrichment. Advocis is asking for nearly $185,000 in damages.

2 weeks ago | investmentexecutive.com | Michelle Schriver

Based on Government of Canada three-month Treasury Bill yields through April, the prescribed interest rate used for loans to family members will be 3% in the third quarter, down from 4% in the second quarter. The prescribed rate hasn’t been as low as 3% since the last quarter of 2022. It began rising in the third quarter of that year. Up until 2022’s third quarter, the rate had been 1% for two years, with the rate charged on overdue tax at 5%.