LCA CPA LLP

11/18/2025

2025 Federal Budget Commentary -

We are pleased to share a summary on the 2025 federal budget.  This summary does not originate from our office but rather from CPA Quebec. We hope you find it useful.

06/02/2025

Reminder for business owners: CRA mail is defaulting to online only -

02/17/2025

Update on the Capital Gains Inclusion Rate -

The Canadian government has announced yet another chapter of significant changes to the capital gains inclusion rate, impacting taxpayers across the country.

01/30/2025

CRA Online Mail: What Canadian Taxpayers and Businesses Need to Know -

The Canada Revenue Agency (CRA) is increasingly shifting its communication practices toward online mail, making it the default method for delivering correspondence to taxpayers and businesses. This transition impacts how individuals and organizations manage their tax-related communications and will...

11/25/2024

emporary GST Relief for the Holiday Season -

On November 21, 2024, the government of Canada announced its intention to introduce legislation in Parliament that would provide for a two-month Goods and Services Tax/Harmonized Sales Tax (GST/HST) break for groceries, restaurant meals and holiday essentials.

11/13/2024

Canadian Entrepreneurs’ Incentive (“CEI”) -

Concurrent with increasing the capital gains inclusion rate from 50% to two‑thirds, the government has increased the lifetime capital gains exemption to $1.25 million and introduced a new incentive ⁠–⁠ the Canadian Entrepreneurs’ Incentive (CEI) ⁠–⁠ available to business owners...