Government Extends Tax Deadline in Response COVID-19 Pandemic

The federal government has announced that Canadians will have extra time to file and pay their taxes this year. In response to the COVID-19 pandemic, the tax filing date has been postponed to June 1 for individuals. The deadline for trusts has been moved to May 1. The Canada Revenue…

Canadians Finding Unclaimed Cheques on Canada Revenue Agency Website

Many Canadians are finding uncashed government cheques worth hundreds – and in some cases thousands – of dollars through a little-known feature on the CRA website. The CRA recently introduced a tool in the My Account portal that allows users to collect and cash in on any unclaimed cheques, dating…

New Wave of CRA Phone Scams Reported

The Ontario Provincial Police (OPP) at West Parry Sound have obtained numerous complaints from locals concerning a Canada Revenue Agency (CRA) scam that is said to have occurred recently. The complainants stated that they were contacted by a caller claiming to be from the CRA. The caller asserted that they…

Two Canadian Men Scammed Out of a Combined $25,000

Criminals impersonating Canada Revenue Agency officials have been scamming people by approaching them with fraudulent complaints, which they then offer to resolve via Bitcoin. Canadian Police have sent out warnings to citizens, urging caution if they are confronted over related issues. Up to CAD $25,000 has been leeched off of…

Real Estate Authorities Build Anti-Money Laundering Network

On April 9, the two real estate regulators – the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and the Real Estate Council of British Columbia (RECBC) – announced that they have entered a memorandum of understanding (MOU) in an attempt to prevent money laundering in the real estate…