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    Enhanced GST rental rebate legislation for new rental units introduced

    The much-anticipated Bill C-56, Affordable Housing and Groceries Act, which received first reading in the House of Commons on 21 September 2023, includes amendments to the Excise Tax Act to implement certain enhancements to the GST new residential rental property rebate first announced by Prime Minister Justin Trudeau on 14 September 2023.

    25 Sept. 2023

    United States government set to suffer lapse in funding to begin fiscal year 2024

    With just under a week before the federal government’s current funding will run out, the United States Congress appears no closer to authorizing more spending in order to avoid a partial shutdown.

    25 Sept. 2023

    Distributed investment plans required to request certain investor information by 15 October 2023

    A distributed investment plan (DIP), which generally includes mutual fund trusts and certain partnerships, that is a selected listed financial institution is required to make a written request to obtain certain information from its investors by 15 October 2023.

    21 Sept. 2023

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