Tax Bulletin: Ontario Tax Credits for Businesses Expiring and Changing

The Ontario tax incentive landscape is undergoing a significant transition. The Regional Opportunities Investment Tax Credit (ROITC) is a 10% tax credit for the acquisition of or addition to commercial buildings is set to expire on December 31, 2026. Meanwhile, the government is enhancing the Ontario Made Manufacturing Investment Tax Credit (OMMITC), recently increasing its rate and expanding…

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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

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 | Payment and Interest Relief for Businesses

To assist businesses dealing with the economic impact of new tariffs being imposed by the USA, theGovernment of Canada announced that it will provide interest and payment relief to businessesimpacted by tariffs. The Canada Revenue Agency (CRA) will: Interest will resume starting July 1, 2025. Importantly, this is not a filing extension so corporate tax…

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