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News and tips about income tax in Canada


Welcome to MASTERTAX a Canadian Tax, Accounting, and Bookkeeping ... are familiar with federal tax regulations and how to file their tax returns. Source

News and tips about income tax in Canada

Various CRA forms

Various CRA forms: Professional Income Tax Preparation for small business and individuals Seniors singles married. Deceased returns. Canadian ... Source

Caisse invests in Element AI’s $200-million Series B round

Staff | September 13, 2019 The Caisse de dépôt et placement du Québec is one of several investors participating in Element AI’s $200-million Series B funding round,. The Montreal-based company, founded by Jean-François Gagné and artificial intelligence pioneer Yoshua Bengio, develops AI-powered software solutions. To date, the company has raised $340 million. The Caisse’s contribution to the round is part of its newly created $250-million fund dedicated to AI and Quebec businesses with a proven track record in AI, according to a press release, which noted the goal of the fund is to commercialize AI solutions more quickly. Read: Caisse invests in Quebec venture capital tech firm “With this transaction, we...

Most investors support climate disclosure, board diversity, finds ISS

Investment Executive | September 13, 2019 Climate risk disclosure and gender diversity on corporate boards are key issues attracting majority support from institutional investors, according to a new survey by proxy advisory firm Institutional Shareholder Services Inc. Its latest global benchmark policy survey generated 400 respondents from institutional investors, corporate executive and others in Canada, the U.S., Europe and Asia. It found 61 per cent of respondents said board diversity is “essential” to effective corporate governance. A similar proportion (60 per cent) said companies should be evaluating and disclosing their climate-related risks. And only five per cent of investors said climate risks are too...

Canada’s household-debt-to-income ratio down slightly in second quarter

The size of Canadians’ debt compared to their income declined slightly between April and June of 2019, as incomes grew a bit faster than debt, Statistics Canada said Friday. Story continues below The household-debt-to-income ratio edged down to 177.1 per cent in the second quarter of the year, from 177.5 per cent between January and March. The numbers mean Canadian owe $1.77 in debt — including mortgages and consumer debt like credit cards — for every dollar of disposable income. The ratio has been edging down since October 2018, StatsCan data shows, thanks to both a slowdown in borrowing and...

A practical look at responsible investing at Ontario Teachers’

Yaelle Gang, the Canadian Investment Review | September 13, 2019 As environmental, social and governance issues are increasingly recognized as material factors when considering investments and amid growing stakeholder pressure, many options are available for pension plans looking to incorporate ESG into their portfolios. “Historically, you saw a lot more on the ethical investing end of things — so exclusions, negative screens,” said Eli Angen, principal of responsible investing, strategy and risk at the Ontario Teachers’ Pension Plan, during a session at the 2019 Association of Canadian Pension Management’s conference on Thursday. “Over time, you’ve seen more and more variety in the...

We have to lead AI debate, says Big 6 bank

Canadians see opportunity and risk when it comes to artificial intelligence and their finances, according to a new TD Bank report. The survey revealed that a majority of Canadians (72%) are comfortable with companies using AI if it means they will receive a better and more personalized service. However, 68% admitted that they didn’t know enough about the technology to understand the risks. When asked for their views on what’s important when it comes to how companies like TD use AI, respondents cited control over how their data is used (70%) as the most important. This was followed by transparency...