Blog Posts by Reschke Fritz
Underused Housing Tax (UHT)
The government of Canada introduced a national, annual 1% tax on the value of non-resident, non-Canadian-owned residential real estate in Canada that is considered to be vacant or underused, subject to certain exceptions. This was passed into law with Bill C-8 receiving Royal Assent on June 9, 2022. This tax is effective for 2022, and later calendar years.
Boost Your Business Technology (CDAP Grant)
The Government of Canada has introduced the “Canada Digital Adoption Program” (CDAP) which offers a grant to support Canadian-owned small and medium sized enterprises (SMEs) who want to adopt new digital technologies.