Nbsla.ca

Canada’s decision to abandon its Digital Services Tax (DST) has led to a significant financial reversal, with the Canada Revenue Agency (CRA) now refunding approximately $647 million collected from major technology companies. The move follows the federal government’s repeal of the tax in 2025, driven in part by escalating trade pressure from the United States. Continue reading

Each month, millions of Canadians receive financial support through federal and provincial government benefit programs. These payments play a key role in helping individuals and families manage essential living costs such as housing, food, transportation, childcare, and healthcare-related expenses. May is an especially important month because several major government benefit payments are scheduled to be Continue reading

As the deadline to file tax returns arrives, Canadians are once again navigating the pressure of reporting income, claiming credits, and ensuring compliance with Canada’s complex tax system. But this year, a new layer of uncertainty is shaping the conversation: the rapid rise of artificial intelligence and whether it could or should be involved in Continue reading

Eligible Canadians living with disabilities may soon find it significantly easier to access one of the country’s most important tax relief tools. The federal government has announced a series of reforms aimed at simplifying the application process for the Disability Tax Credit (DTC), a non-refundable tax credit that reduces the amount of income tax owed Continue reading

Canada’s long-running effort to modernize its air force has entered a new and uncertain phase. Defence Minister David McGuinty has confirmed that the government is continuing a comprehensive review of its plan to acquire 88 F-35A Lightning II aircraft. The review, originally expected to conclude around September 2025, has stretched well beyond its anticipated timeline, Continue reading

As the clock ticks toward midnight on Thursday, millions of Canadians find themselves racing against time to submit their 2025 income tax returns. For many, this annual obligation is easy to postpone until the final hours, but the consequences of delay can stretch far beyond a simple late fee. This year’s tax season is shaping Continue reading

Many Canadians believe that cancelling a credit card and getting a replacement automatically stops any future charges tied to the old card. That assumption feels logical and is often reinforced by common advice around fraud prevention. However, my recent experience with a TD Visa credit card suggests the reality can be far more complex. This Continue reading

Canada’s public pension system is poised for a notable adjustment beginning January 1, 2027. According to details outlined in the Spring Economic Update 2026, the base contribution rate for the Canada Pension Plan (CPP) is set to decline from 9.9 percent to 9.5 percent. While the reduction may appear modest at first glance, its implications Continue reading

Starting January 1, 2027, Canadian workers and employers will see a slight but meaningful reduction in their Canada Pension Plan (CPP) contributions. As part of a broader spring economic update, the federal government has announced that the base CPP contribution rate will decrease from 9.9 percent to 9.5 percent. While the change may appear modest Continue reading

The federal government in Canada has announced a policy change that could quietly but meaningfully impact millions of workers across the country. Beginning January 1, 2027, the contribution rate for the base Canada Pension Plan will be reduced from 9.9 percent to 9.5 percent. While this adjustment may appear modest at first glance, it carries Continue reading