Federal Budget Commentary 2025

By wilkinson | November 5, 2025 | Comments Off on Federal Budget Commentary 2025

On November 4, 2025 (Budget Day) Minister of Finance and National Revenue, François-Philippe Champagne, announced the budget, “Building Canada Strong” (Budget 2025).  Budget 2025 has been advertised as a bold budget where tough choices and sacrifices will have to be made and as such, Canada will have to spend less and invest more.  Budget 2025…

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Amy Zarzycki Earns CPB Designation

By wilkinson | April 28, 2025 | Comments Off on Amy Zarzycki Earns CPB Designation

Wilkinson & Company LLP is proud to announce that Amy Zarzycki has officially earned the Certified Professional Bookkeeper (CPB) designation from CPB Canada. This national certification recognizes the highest standard of bookkeeping expertise, ethics, and ongoing professional development. With over 2,300 members across the country, CPB Canada represents Canada’s largest and most respected community of…

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Client Update – CRA Flipping Out on Quick Home Sales!

By wilkinson | February 16, 2023 | Comments Off on Client Update – CRA Flipping Out on Quick Home Sales!

February 17, 2023 New legislation was introduced in 2022, which is effective on residential property dispositions starting January 1, 2023. A new residential property flipping rule was introduced to focus on those individuals that would purchase a house and then turn around and sell or “flip” the property shortly thereafter for a profit.  When a…

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CLIENT UPDATE – Regional Opportunities Investment Tax Credit

By wilkinson | January 4, 2023 | Comments Off on CLIENT UPDATE – Regional Opportunities Investment Tax Credit

The 2020 Ontario budget introduced a 10% tax credit for capital investments towards most buildings, made by a qualifying corporation on or after March 25, 2020.   The 2021 Ontario Budget enhanced this credit to 20% for eligible expenditures after March 24, 2021 and before January 1, 2023.  Most recently (September 8, 2022) the end…

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CLIENT UPDATE Luxury Tax – Effective September 1, 2022

By wilkinson | August 27, 2022 | Comments Off on CLIENT UPDATE Luxury Tax – Effective September 1, 2022

The 2021 budget introduced the Luxury Tax and the new tax received Royal Assent on June 23, 2022. The Luxury Tax will apply to new cars and aircraft with a retail sales price over $100,000 and to vessels over $250,000. The tax is the lesser of 20% of the value above the threshold and 10% of the…

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 Dan Dickinson Retirement

By wilkinson | February 16, 2022 | Comments Off on  Dan Dickinson Retirement

Dan Dickinson knew from an early age that his future lay in accounting. What he couldn’t have predicted then was that he would spend his entire 38-year career with one Belleville firm: Wilkinson and Company. That employment “streak” came to an end with his retirement on December 31, 2021.  “I always loved solving math problems…

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