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Flip or Flop: Navigating the New Income Tax Act rules regarding Real Estate “Flipping”
March 17th, 2023 by Blake Rowswell
Beginning as a highlight in the 2022 Canadian Budget, the federal government has made a concerted effort to ensure that profits made from “flipping properties” (i.e purchasing a property with the intent or effect to resell the property for a profit) are taxed in a full and fair manner. As defined in Section 13 of the Income Tax Act, flipped property means a “housing unit… Read More »
Who has the Right and Responsibility to Make the Funeral Arrangements?
March 3rd, 2023 by Paul Reimer
After a person has passed away, who has the right and responsibility to arrange for the funeral and the disposition of the deceased person’s body? This question may arise when a person considers making advance funeral instructions. This question may also come up where the family or friends of a deceased person disagree on funeral arrangements or on the method of disposing of the body.… Read More »