Over the past week, crypto investors have seen the value of their investments decline substantially as many cryptocurrencies went into free fall. Pundits estimate that just about anyone that invested in crypto from late last year and has yet to sell their stock is facing a serious loss in value.…

A division of the CRA, the Competent Authority Services Division (CASD), responsible for undertaking tax enforcement on multinational firms has been accused of violating policy and exposing the authority to disrepute following revelations of a secret tax deal that was granted to a major corporation. Over 2,000 pages of highly…

For the first time in three decades, Canada’s inflation rate has surpassed 5%. According to a Statistics Canada report recently released, the consumer price index hit the 5.1% mark in January due to supply chain problems that pushed up prices for transportation, shelter, food, alcohol, tobacco, and cannabis. Statistics Canada…

The New Brunswick Apartment Owners Association (NBAOA) is reporting skyrocketing increases in property assessments. NBAOA represents an estimated 70% of rental properties in the province and indicates that the increases could result in over $50 million in additional property taxes each year. According to the association’s president, Willie Scholten, the…

Amendments have been made to the National Instrument 52-108 Auditor Oversight and its Comparison Policy granting the Canadian Public Accountability Board (CPAB) better access to audit working papers from auditors in foreign jurisdictions. If the amendments receive appropriate ministerial approvals, they will come into effect from March 30, 2022. These…