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Content tagged with: Taxes

Why Ontario's property tax assessment system needs annual reassessments

Robert Brazzell Commercial Taxes Ontario Oct. 20 2022

Property taxation in what is now Canada existed before Confederation. Over time, distinct systems have developed in each province built on a common foundation — property assessment based on market value.

No safe bet: CRA tax liens and the challenge for lenders

Brendan Fagan Commercial Taxes National Sep. 7 2022 SPONSORED

Is a loan secured by a mortgage a safe investment? If the debtor has tax arrears, it may not be. Super priority liens give the Canada Revenue Agency (CRA) extraordinary power to recover what is owed to them, even if