These are the places most vulnerable to U.S. tariffs (2)
02 Aug

These are the places most vulnerable to U.S. tariffs (2)

Steel manufacturing at greatest risk The biggest risk is for manufacturers who make steel and steel-based materials, since it’s a far more competitive industry and steel and metal components can cross the border several times before being made into final product. “Anyone who uses steel and aluminum is affected,” said Dennis Darby, of Canadian Manufacturers & Exporters….

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These are the places most vulnerable to U.S. tariffs (1)
01 Aug

These are the places most vulnerable to U.S. tariffs (1)

As Canada’s retaliatory tariffs on billions of dollars worth of American goods come into play, the immediate effect of the escalating trade dispute on the Canadian economy is expected to be small, economists say. “About 0.8 per cent of annual Canadian output is affected by these [U.S.] tariffs,” Brian DePratto, senior economist at TD Economics, wrote after…

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Largest U.S. business group attacks Trump on tariffs
31 Jul

Largest U.S. business group attacks Trump on tariffs

The U.S. Chamber of Commerce, the nation’s largest business group and customarily a close ally of President Donald Trump’s Republican Party, is launching a campaign on Monday to oppose Trump’s trade tariff policies. With some of America’s tightest trading partners imposing retaliatory measures, Trump’s approach to tariffs has unsettled financial markets and strained relations between…

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A strategy to slash capital gains tax
06 Jul

A strategy to slash capital gains tax

Q: We own a cottage and a six-plex, which is where we also live full-time. Now we want to sell the apartment building and maybe the cottage and use the funds to buy a new residence in the city. How can we best structure this transition to minimize the capital gains taxes we will owe? — Liz Kargus, Ont. Ayana…

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Taxation of private corporations
09 May

Taxation of private corporations

The federal budget provided more details on the proposed private corporation tax changes. Budget 2018 includes the promised details on the government’s plans to limit the deferral advantages from holding passive savings in a corporation, but takes a substantially different approach than previously announced. The government’s three key principles in designing these rules are to: protect…

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