Court Overturns CRA Denial of Bitcoin Loss Writeoff
A Canadian Tax Court judge has ruled a taxpayer can deduct a $505,142 bitcoin loss from her income, overturning a CRA decision. This landmark case involves the defunct QuadrigaCX exchange.
Category : Search result: property tax Edmonton
Canada defends U.S. carve-out in global minimum tax deal
Finance Minister François-Philippe Champagne defends a G7 tax agreement granting a U.S. exemption. China and EU nations object as OECD races for a year-end deal. Read the latest.
Alberta's Municipal Spending Problem: No Tax Relief
Despite promises, Alberta municipalities continue to raise property taxes, hitting businesses hardest. Calgary and Edmonton budgets reveal a pattern of unsustainable spending.
Toronto hikes land transfer tax on luxury homes over $3M
Toronto City Council has approved Mayor Olivia Chow's proposal to increase the land transfer tax for luxury home sales above $3 million. Learn about the new policy and its implications for the city's real estate market.
Edmonton may charge for parking at city attractions
Edmonton councillor proposes study on implementing parking fees at city-owned attractions like the zoo and science centre to recover costs and reduce property tax pressure. Could this be a new reality for a growing city?
Toronto Should Ditch Land Transfer Tax, Analyst Says
Following Calgary's move to reduce property tax hikes, calls grow for Toronto to scrap its municipal land transfer tax, which critics argue worsens housing affordability and distorts the market.
Federal government hints at resolving N.B. tax revenue fight
Internal Trade Minister Dominic LeBlanc suggests a resolution is near in the long-standing tax revenue dispute between Ottawa and New Brunswick's Holt government. Read the latest developments.
5 Students Hurt in Edmonton Hit-and-Run Crash
Five students were hospitalized after a multi-vehicle hit-and-run in north Edmonton. Police are investigating the serious collision that occurred on December 16, 2025. Read for the latest details.
4,000 free toys for Edmonton families via Salvation Army
The Salvation Army's annual Christmas toy program in Edmonton is set to distribute 4,000 gifts to local families in need this holiday season, bringing early joy to the community.
Canmore homeowners fight vacancy tax in court
Owners of secondary properties in Canmore are taking the town's livability tax to the Alberta Court of Appeal. Get the latest on this municipal financial dispute.
2026 Tax Changes: Income Down, Payroll Up
A look at the major tax changes coming for Canadians in 2026, including income tax cuts and increases to CPP, EI, and carbon levies. Find out how your finances will be affected.
Ottawa's Vacant Unit Tax Brings Empty Homes Back to Market
The City of Ottawa reports its Vacant Unit Tax is working, with previously empty properties now being offered for rent or sale. Learn how this policy is impacting the local housing supply.
CRA stops mailing paper tax forms automatically for 2025
The Canada Revenue Agency will no longer mail paper tax packages automatically to Canadians who filed on paper last year. Here's what you need to know and how to get your forms for the 2025 tax season.
Calgary readers critique weather warnings, education tax
Calgary Herald readers voice concerns over Canada's new weather warning system and Alberta's education property tax. Discover the local perspectives on provincial policies.
Edmonton's $6B Budget: 6.9% Tax Hike Details
Edmonton City Council passes a $6-billion budget for 2026, leading to a 6.9% property tax increase. See the breakdown of major capital projects and operating costs.
Crypto tax crackdown yields millions, no charges
Canada's CRA has recovered millions in unpaid crypto taxes, yet no criminal charges have been laid. Experts question the enforcement strategy's effectiveness as a deterrent.
Edmonton passes budget with 6.9% property tax increase
Edmonton City Council approved a 6.9% property tax hike for the 2025 budget, exceeding initial targets. Councillors Karen Principe and Mike Elliott voted against it, expressing disappointment over spending priorities.
Canada Scraps Digital Tax After Trump Threat
Canada repealed its digital services tax under U.S. pressure. An expert argues Trump did Canada a favor, as such taxes harm the countries that impose them. Explore the global tax debate.
CRA warns of critical illness insurance tax schemes
The Canada Revenue Agency warns Canadians about aggressive tax schemes using critical illness insurance. Participants face penalties, fines, and jail time. Learn how to protect yourself.
Calgary business community 'disappointed' by city budget
Calgary's business community expresses deep disappointment with the city's new budget, citing a costly 6.9% property tax increase. Key groups warn of negative impacts on competitiveness.
Edmonton Council Pushes 6.92% Property Tax Increase
Edmonton's city council has voted for a proposed 6.92% property tax increase, exceeding administration's recommendation. This continues a trend of significant tax hikes for homeowners.
Edmonton locks in 6.9% property tax hike
Edmonton City Council has finalized a 6.9% property tax increase for 2025. Get the details on the decision, budget pressures, and what it means for homeowners.
Edmonton Budget Passes: 6.9% Tax Hike, Whitemud & Traffic Safety
Edmonton city council finalizes its budget, locking in a 6.9% property tax increase while funding Whitemud Drive expansion and a new traffic enforcement team. Get the details on the key decisions.
Vancouver lays off staff after property tax freeze
The City of Vancouver has cut dozens of positions following its decision to freeze property taxes. This move highlights the financial trade-offs of municipal budget decisions.
Vancouver lays off 30 staff after property tax freeze
The City of Vancouver has terminated 30 employees following a council decision to freeze property taxes. Learn about the budget impacts and municipal workforce changes.
Greater Sudbury Budget: 3.9% Tax Increase Approved
Greater Sudbury's finance committee has finalized the 2025 city budget, resulting in a 3.9% property tax increase. Learn what this means for homeowners and city services.
CRA warns of aggressive tax schemes in Canada
The Canada Revenue Agency has issued a public alert about aggressive tax avoidance schemes operating in the country. Learn what to watch for and how to protect yourself.
Leamington Proposes 2.5% Tax Increase for 2026
The Municipality of Leamington is considering a 2.5% property tax rate increase for its 2026 budget. Learn about the proposed changes and their potential impact on local residents.
Edmonton Council Debates Budget, Tax Increase Up to 6.4%
Edmonton City Council debates the 2026 budget, with Mayor Andrew Knack aiming to cap property tax increases at or below 6.4%. Key spending and cuts are on the table.
Edmonton property taxes rise 6.9% after budget vote
Edmonton City Council approves a 6.9% property tax increase for 2026, funding Explore Edmonton. A motion for a steeper hike to quickly refill city reserves was defeated. Learn the details and implications for homeowners.
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