by Patrick Payne | Jul 11, 2026
Owning a rental condo abroad, holding shares in a foreign brokerage account, or keeping money in an overseas bank can all feel like a private matter between you and your bank. The CRA sees it differently. If the total cost of your foreign holdings crossed a certain...
by Patrick Payne | Jul 8, 2026
Most owners do not wake up one morning and decide they need a chief financial officer. The need creeps in slowly. The monthly numbers take longer to make sense, cash flow feels tighter than your sales figures suggest it should, and every major decision starts to feel...
by Patrick Payne | Jul 4, 2026
Filing a corporate tax return is not a single form you fill in and send. It is a sequence of steps that build on each other, starting with your books and ending with a transmitted return and a payment. Skip a step or complete them out of order and the errors cascade...
by Patrick Payne | Jul 1, 2026
Incorporating your business comes with one obligation that catches many owners off guard: you now have two tax returns to worry about, not one. Your corporation files its own return separate from your personal taxes, and it is due whether the business made money, lost...
by Patrick Payne | Jun 28, 2026
Filing your tax return and wondering when the money shows up is one of the most common questions Canadian taxpayers have every year. The honest answer is that how long it takes to get your tax refund in Canada depends almost entirely on how you filed and how you...