News

Taxpayers may get penalized for not reporting beneficial ownership information for a trust because they assume the Canada ...
The Canada Revenue Agency (CRA) announced last week that Canadians with bare trusts won't be required to file a T3 tax return form under new reporting rules for trusts that took effect this tax ...
A last-minute decision to pause "bare trust" reporting requirements left officials at Canada's tax agency scrambling to inform the public about the changes, internal emails suggest.The Canada Revenue ...
Despite a sluggish macro environment, Dollarama is forecast to increase revenue by 15.5% year over year to $5.84 billion in fiscal 2024 (ending in January) and by 8% to $6.3 billion in fiscal 2025.
Last week, Minister of National Revenue Marie-Claude Bibeau told the House of Commons that 44,034 Canadians still filed bare trust tax forms. Her statement came in response to a written question from ...