by Luc Dubé | May 11, 2023 | Fiscalité/Finance
Concerning the 17th Actuarial Report, of the Office of the Superintendent of Financial Institutions (OSFI), there is every reason to believe that the estimated cost of distributing old age pension (OAP) cheque benefits will be $74 B in 2023. As we progress in time,...
by Luc Dubé | May 1, 2023 | Uncategorized
In the end, statistics show that the number of Québécois who will be 75 years + in 20 years will completely explode, an increase of 79% (Calculation: CFFP; Source: ISQ). The results are surprising; consequently, we will have to change our tune to adjust our fiscal...
by Luc Dubé | Apr 28, 2023 | Non catégorisé
Just the other day, Joel, a client of mine, a young real estate broker, asked me when he should incorporate himself. I gather that at first, he thought I would give him a cookie-cutter, easy answer. However, nothing is easy when transforming one legal personality to...
by Luc Dubé | Apr 12, 2023 | Fiscalité/Finance
Imagine two properties side by side, each valued at $500,000. One of the properties was purchased last year by a middle-aged couple with a combined annual income of $200,000. The other has been owned for 50 years by an 80-year-old couple who bought it in 1973 for...
by lucdube | Feb 13, 2023 | Non catégorisé
Class warfare, which is as old as humanity, can prompt specific individuals to question the legitimacy of some of the fiscal tax advantages granted by our legislators. On this principle, the tax derogatory mechanism of the preferential treatment of capital gains (from...
by lucdube | Jan 17, 2023 | Finance
As you are accustomed to every morning on the bridges, certainly you have noticed a fluid workforce and impressive interprovincial trade mobility between two Canadian cities. Indeed, the city of Gatineau, as well as the city of Ottawa, are, in large part, almost fully...
by lucdube | Dec 19, 2022 | Finance
In the Federal Court of Appeal « FCA » legal corridor, there is an appeal of paramount importance in indirect tax matters. The common thread of a specific fiscal ambiguity is now short-circuited to Dr. Kevin L. Davis, an orthodontist from the Greater Toronto Area....
by lucdube | Nov 19, 2022 | Non catégorisé
Are you looking to make a nice profit grab before the holiday season? You’d be surprised that your rental vehicle can get you back several thousand dollars. In some cases, it may be advantageous to buy back your lease, give your dealer a bank “draft”...
by lucdube | Nov 8, 2022 | Finance
Self-employed workers have the best of both worlds; they are mid-way between aperson who’s an individual, and a small business. Unfortunately, many self-employedindividuals don’t know that adherence to a GST/QST culture can result in a nice rebateat the end of the...
by lucdube | Sep 27, 2022 | Non catégorisé
The conditions are more favorable for Quebec entrepreneurs in “Start-Up” mode to incorporate into another province. In addition, it is tax-efficient in many cases to diversify its active business income in cross-border provinces,...
