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Queen's Park in Toronto where Budget 2026 was tabled yesterday

Key highlights from Ontario’s Budget 2026

News /

Ontario’s Budget 2026 arrives at a period of economic uncertainty. In recent years, the province has navigated pandemic-driven disruption, persistent inflation and renewed trade tensions with the United States. Now, a rapidly evolving geopolitical situation and rising energy prices are further clouding the fiscal outlook. Against this backdrop, the province has tabled a record $244.2 […]

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children's building toys exempt from HST

Potential HST holiday compliance pitfalls for small businesses

Canadian tax /

With the hectic holiday season upon them, businesses across Canada have a new administrative task to manage in the coming days: accounting for the federal government’s HST holiday (see the government announcement for the full details and implementation guidelines). The measure—which has now received royal assent and will be in effect between December 14th, 2024

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