• March 2023 PGWP Extension
    On March 17th 2023, Canada’s Immigration Minister Sean Fraser announced that those with a Post-Graduation Work Permit (PGWP) expiring in 2023 will be able to apply for an Open Work Permit extension as of April 6th […]
  • Underused Housing Tax Act – Who Needs to File?
    Introduction The Government of Canada has introduced the Underused Housing Tax Act (UHTA) which came into effect on January 1, 2022. The filing and payment obligations generally apply to non-resident non-Canadian owners residential property, but some […]
  • Public Policy for Hong Kong Residents Update February 2023
    On February 7th 2023, the IRCC Minister announced an extension of the public policy for Hong Kong residents and expanded the eligibility criteria. The update extends the deadline to apply to February 7th 2025. Furthermore, the […]
  • Anti-Flipping Measure Canada 2023
    The new anti-flipping measure took effect in January 2023 and is another effort by the government to control real estate speculation in Canada, similar to the foreign buyer ban. If real estate is bought and sold […]
  • Canada’s Foreign Buyer Ban on Residential Property for 2023-2025
    The Prohibition on the Purchase of Residential Property by Non-Canadians Act (the Act) will be a two year foreign buyer ban on certain types of Canadian residential properties. **UPDATE** The federal government released the Regulations with […]
  • Ontario Non-resident Speculation Tax (NRST) 2023
    The Ontario Non-Resident Speculation Tax (NRST) has gone through several changes throughout 2022. This article will summarize the changes as of the end of 2022 going into 2023. Summary of NRST changes throughout 2022. If you […]
  • How to Work in Canada for UK Citizens
    This article is specifically about the Working Holiday program available for UK citizens aged 18 to 30. To work in Canada for UK citizens, the Working Holiday program is the most obvious solution. It is a […]
  • Open Work Permit vs. Employer Specific Work Permit
    One way to categorize Canada’s work permit system is by whether the work permit is an open work permit or an employer specific work permit. Of course, there are many types of work permits but in […]
  • 2022 Changes to GST/HST on Assignments
    The 2022 Federal budget included a few changes to the way some real estate transactions are taxed. The two mains changes are the new residential property flipping rule and changes to the way GST/HST on assignments […]
  • Bare Trusts
    Bare Trusts are an important tax and estate planning tool that can be used in many contexts. A common example where bare trusts would be useful is in real estate transactions where a parent is on […]
  • New NRST Changes as of March 30th 2022
    Read the Ministry of Finance bulletin here. There will be a transitional period for Agreements of Purchase and Sale entered before March 30th 2022. The previous Non-Resident Speculation Tax (NRST) rate of 15% for the Golden […]