Statement from the Honourable Gail Shea, Minister of National Revenue

Ottawa – May 9, 2013 – Gail Shea, Minister of National Revenue and Minister for the Atlantic Canada Opportunities Agency delivered the following statement with regards to information on Canadians with offshore assets that has allegedly been in the possession of several media outlets: “Canada has been working tirelessly with its International partners ever since…

British Columbia’s three accounting bodies sign unification proposal

May 9, 2013  The Chairs and CEOs of the Certified Management Accountants Society of BC (CMA BC) and the Certified General Accountants Association of BC (CGA-BC), and the President and CEO of the Institute of Chartered Accountants of BC (ICABC) have signed an agreement to pursue a merger under the Chartered Professional Accountant (CPA) designation.…

Harper Government announces new measures to crack down on international tax evasion and aggressive tax avoidance

Ottawa, Ontario, May 8, 2013… The Honourable Gail Shea, Minister of National Revenue and Minister for the Atlantic Canada Opportunities Agency and the Honourable Maxime Bernier, Minister of State (Small Business and Tourism), today announced new measures to combat international tax evasion and aggressive tax avoidance, including a $30-millioninvestment by the Harper Government and the creation of…

ICAO and CMA Ontario enter into a Memorandum of Understanding (MOU)

May 1, 2013 The Institute of Chartered Accountants of Ontario (ICAO) and the Certified Management Accountants of Ontario(CMA Ontario) have entered into a Memorandum of Understanding (MOU) regarding the commencement of formal unification negotiations. Under the terms of the MOU, the two Ontario organizations will develop an Ontario Unification Proposal. It is expected that the…

All three accounting bodies in New Brunswick announce positive vote results

April 30, 2013 Today, the leadership teams of The New Brunswick Institute of Chartered Accountants (NBICA), CMA New Brunswick (CMANB), and the Certified General Accountants Association of New Brunswick (CGA-NB) issued member announcements detailing the results of the recent member vote on unification. The results show that the majority of members of all three New Brunswick…

Minister Shea highlights Harper Government’s improvements to tax debt collections

Ottawa, Ontario, April 30, 2013…The Honourable Gail Shea, Minister of National Revenue and Minister for the Atlantic Canada Opportunities Agency, today highlighted that the Canada Revenue Agency (CRA) has made satisfactory progress on improvements to tax debt collections, according to the latest report from the Auditor General of Canada. “Our Government is committed to ensuring…

Manitoba’s CAs and CMAs provide update on CEO selection

April 29, 2013 In a communication to their members, CA Manitoba and CMA Manitoba provide an update on the work of the Transition Steering Committee in the selection process for the role of CEO during the Transition (pre-legislation) and initial Consolidation (post-legislation) stages of the CA and CMA Manitoba integration. After consideration of the excellent qualifications and outstanding expertise of…

Employee Or Independent Contractor?

22 April 2013 Article by Earl Phillips  How can you be sure the independent contractor you have retained will not be considered an employee?  In a post last year we outlined the importance of the distinction, the consequences if you get it wrong, and the four tests that are typically applied.  We concluded the four tests boiled down to this…