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Top DJB Chartered Professional Accountants News

GST fix requires bigger tax rethink
Canada Revenue Agency · Australia

GST fix requires bigger tax rethink

100% Right coverage: 1 sources
Rather than playing beggar thy neighbour over the GST, state premiers and treasurers should demand that genuine reform be on the table in two months.See the Story
FCC: Enhanced transition loan to ease transfer of farm business assets - Fruit & Vegetable Magazine
Agriculture · Canada

FCC: Enhanced transition loan to ease transfer of farm business assets - Fruit & Vegetable Magazine

With more than $50 million in farm assets expected to be transferred in the next decade, Farm Credit Canada (FCC) is providing the option of an enhanced transition loan to help facilitate the transfer from agriculture business owners to new owners. Designed to ease the process from seller to buyer, the enhanced transition loan allows a flexible disbursement period of up to 10 years. It is available for changes in ownership of farm and agribusine…See the Story
LMIA Advertising Proof Requirement Reinstated Effective January 1, 2026
Canada · Canada

LMIA Advertising Proof Requirement Reinstated Effective January 1, 2026

Starting January 1, 2026, employers applying for a Labour Market Impact Assessment (LMIA) to hire temporary foreign workers in primary agriculture positions under the Temporary Foreign Worker (TFW) Program will once again be required to submit proof of advertising as per the Government of Canada. Transition Period Extended To support a smooth transition, the temporary suspension of minimum advertising requirements for these positions has been ex…Read Article

Verify It Is the CRA Calling: Fraud Prevention

Have you received a call claiming to be from CRA but are unsure if it is legitimate? CRA has launched a webpage to assist taxpayers in determining whether the call is actually from CRA. Taxpayers can go to the webpage and enter the 10-digit number that they were given to call back. The website will automatically confirm the validity of the phone number. CRA also reminded taxpayers not to rely on the number displayed on their caller ID. Only phon…Canada Revenue Agency · CanadaRead Article

Quality of Earnings – Importance of Revenue

In the Fall 2024 issue of our FSAT newsletter, we introduced what Quality of Earnings (QoE) reports typically include and why they may be needed. In this article, we will continue discussing various aspects of QoE reports by exploring the importance of a quality of revenue analysis. Understanding revenue quality is an important component in a quality of earnings analysis in mergers & acquisitions (M&A) transactions. Factors often considered when…Read Article

Important Update: AgriInvest Environmental Risk Management Requirement for 2025

As part of the federal government’s commitment to sustainable agriculture, new environmental compliance requirements are being introduced for the 2025 AgriInvest program year. If you are an AgriInvest participant, it is essential to understand how these changes may affect eligibility for government matching contributions. Who Is Affected? Producers with an average Allowable Net Sales (ANS) of $1 million or more over the 2022–2024 program years m…Agriculture · CanadaRead Article

GST/HST Implications on Associate Agreements

Associates are a key part of the healthcare industry as a large majority of practitioners either are one or have hired one throughout their careers.  It can be a way for someone to gain experience as they start their career or a viable way to mitigate some of the hard costs that go along with running a practice.  As part of this process, practitioners and their associates arrange some form of fee-sharing arrangement with each other to account fo…Ontario, Canada · OntarioRead Article

Canadians can apply for Canada Disability Benefit starting in June

89% Left coverage: 9 sources
Eligible Canadians can begin applying for the Canada Disability Benefit (CDB) as of June 20.Canada · CanadaSee the Story

Relief (Potentially) in Sight – The Availability of Remission Under the Canadian Retaliatory Tariff Regime (Part I) - Stewart McKelvey

By Michelle Chai Government has implemented some processes which they hope will provide Canadian businesses and importers with some much-needed relief.  Update: An earlier version of this article was published before an updated Customs Notice from the Canada Border Services Agency (CBSA) was released May 20, 2025. As has been the case the last few months, the landscape under which importers operate is constantly changing, and below is our update…Tariffs · CanadaSee the Story

De Facto Director: Personal Liability

A director of a corporation, non-profit organization, or other entity can be personally liable for payroll source deductions and GST/HST that the entity fails to remit to CRA, unless the director exercised due diligence to prevent failure to remit these amounts on a timely basis. An individual can be held personally liable for up to two years after they resign as a director. A November 29, 2024, French Quebec Court of Appeal case considered whet…Canada Revenue Agency · MontrealRead Article

The Importance of Having a Comprehensive Financial Plan

Business owners and CEO’s have written business plans, ship Captains chart their courses on nautical maps, and Doctors have written treatment plans for their patients. What these professionals all have in common is that they have written plans of action that provide them with goals and direction to a defined outcome. Think of the similarities between a written comprehensive financial plan and a course charted on a nautical map. Both have a start…Medical · MexicoSee the Story

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