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May 27, 2009

CRA News release: Manitoba extended tax filing deadline

The Canada Revenue Agency (CRA) would like to remind flood affected Manitobans that the extended deadline of midnight Monday, June 1, 2009 to file their personal income tax returns is fast approaching.

"The Government of Canada remains sensitive to the difficulties that people and business may have encountered during this flooding," said the Honourable Jean-Pierre Blackburn, Minister of National Revenue and Minister of State (Agriculture and Agri-Food). "As we have done in the past, the CRA will continue to provide relief to taxpayers in natural disasters by giving special consideration to taxpayers who are unable to meet their tax obligations due to the disaster."

For more information, see:

http://www.cra-arc.gc.ca/nwsrm/rlss/2009/m05/nr090527-eng.html

Posted by Taxes.ca Editorial Team [permalink]



January 12, 2008

Government of Canada delivers on the promise of the Softwood Lumber Agreement

$467 million in export charges paid to 6 provinces

In a Canada Revenue Agency News Release, Minister of National Revenue Gordon O'Connor has announced that the CRA has distributed close to $470 million in revenue to six provinces from charges on exports of softwood lumber products destined for the U.S.

According to the release:

"The six provinces whose products may be subject to the export charge under the September 2006 Canada-U.S. Softwood Lumber Agreement (SLA) are: British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Quebec. Exports of softwood lumber products from the Atlantic provinces are not subject to the export charge."

For more information, see:
http://www.cra-arc.gc.ca/newsroom/releases/2008/jan/nr080111-e.html


Posted by Taxes.ca Editorial Team [permalink]

April 12, 2005

Manitoba Tax Changes

Taxation changes were announced by Manitoba Finance Minister Greg Selinger in his Budget Address on March 8, 2005. Included in these changes are:

- adjustments in the personal income tax brackets;
- information on the Community Enterprise Development Tax Credit which encourages Manitobans to invest in their communities and provides community-based enterprises with the means to raise necessary equity capital;
- information on the Manitoba Equity Tax Credit which assists in the development of capital markets in Manitoba and encourages Manitobans to invest in Manitoba companies; and
- an increase in the Political Contribution Tax Credit

For more information, see:
http://www.gov.mb.ca/finance/taxation/bulletins/currentbudgetchanges.pdf

Posted by Taxes.ca Editorial Team [permalink]

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