taxes

REGINA — Farmers are getting less while consumers are paying more. This is the key finding of the Agricultural Producers Association of Saskatchewan’s 2024 Farmers and Food Prices report. This year’s update highlights a concerning trend: farmers are receiving lower prices for their commodities at the same time as consumers are shelling out for higher […]

WESTERN PRODUCER – Looming changes to Canada’s capital gains inclusion rates will increase average taxes by 30 per cent on the country’s family-run grain farms, putting their futures at risk, according to research conducted by the Grain Growers of Canada (GGC). “Our research shows that an average grain farm in Canada, most of which are family owned […]

The Canada Revenue Agency is going to audit Saskatchewan for not paying carbon levies on home heating, Premier Scott Moe said Monday. Moe said the agency has indicated it will look at Saskatchewan’s books to see how much the province owes in levies that weren’t paid to Ottawa. “They will ask if they can look at the […]

Prime Minister Justin Trudeau says the Canada Revenue Agency is “very, very good” at getting the money it’s owed, and Saskatchewan’s premier should take note of that. Scott Moe has pledged the province will not send Ottawa the money it collects from the federal carbon price on natural gas. That move breaks the law, and […]

The first instalment of the 2024 Canada carbon rebate will be delivered to some Canadians today as long as they filed their taxes by the middle of March. Canadians living in Alberta, Saskatchewan, Manitoba, Ontario, and all four Atlantic provinces will receive the first of four instalments today if they filed their 2023 taxes by […]

The Canadian Taxpayers Federation is voicing its concern that a plan to move back the 2025 election by a week could trigger a number of MP pensions.  The move is part of the federal government’s electoral reform legislation brought in last week. Under that legislation, the plan is to move back the federal election from […]

Usually, a provincial budget is shrouded in mystery and secrecy, until the finance minister rises in the house to deliver the budget after 2 o’clock in the afternoon. This year is a little different.  In the on-going battle with teachers to decide how and where to spend money to make improvements in classrooms, the premier […]

The Underused Housing Tax is meant to curtail foreign ownership of housing through trusts in Canada’s large cities. However, in some circumstances, farmers are being hit with the need to file a return for the Underused Housing Tax. Although in most cases they are exempt from paying the tax, which is 1 per cent of […]

-With files from the Canadian Press- The Saskatchewan government is forecasting a lower surplus than budgeted this year due to decreased resource revenues and higher expenses. In her first-quarter fiscal update, finance minister Donna Harpauer says the province expects a $485.5 million surplus this year, down 52 per cent from the $1 billion surplus that […]

The tax person is waiting. Friday is the deadline to get your municipal property taxes into the city.  If you are late, you will get a financial penalty. There are several ways to pay your property tax, including through your bank.  You could do that in person, or web banking. You can pay at city […]