KEY RECOMMENDATIONS: 1. Introduce the Fund Report changes to come into effect concurrently with or subsequent to the TCR Amendments coming into force, with initial reports being provided in 2027 at the earliest Many IFMs will rely on third party service providers to create the...

PMAC wrote to the Canada Revenue Agency regarding the proposed changes to the capital gains inclusion rate. In light of the prorogation of Parliament and the upcoming federal election, there is significant uncertainty regarding the likelihood that the tax bill will be introduced or passed....