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Ontario Budget 2009
Ryan Tax Alert
On March 26, 2009, Finance Minister Dwight Duncan presented Ontario’s 2009 budget, which aims to assist Ontario families in surviving the uncertain economic times the province and global economies are currently facing, and bring prosperity back to Ontario by making the economy stronger and more competitive. The McGuinty government plans on accomplishing this by creating jobs for today and tomorrow, investing in children and families, and introducing far-reaching tax reform. (more)
Newfoundland and Labrador Budget 2009
Ryan Tax Alert
On March 26, 2009, Finance Minister Jerome Kennedy delivered Newfoundland and Labrador’s 2009 budget. A reversal of fortune from the past two years, this year’s budget forecasts a deficit of $750 million, which the government largely attributes to softening demand for oil, the impact of stock market declines on pension fund values, and the federal government’s decision to eliminate benefits under the Atlantic Accord. (more)
Manitoba Budget 2009
Ryan Tax Alert
On March 25, 2009, Minister of Finance Greg Selinger presented the 2009 Manitoba budget. The province’s tenth consecutive balanced budget focuses primarily on stimulating the economy without sacrificing Manitoba’s future. Boasting the most stable economy in Canada over the past decade, the government plans to honor all 2009 tax relief commitments introduced in previous budgets while continuing to invest in infrastructure, education, training and healthcare. (more)
Quebec Budget 2009
Ryan Tax Alert
On March 19, 2009, Minister of Finance Monique Jérôme-Forget tabled Quebec's 2009-2010 budget. The budget was developed in consultation with Quebecers and the measures implemented in the budget reflect the needs expressed by taxpayers. The measures in the budget will inject an additional $3.4 billion into the Quebec economy in 2009 and 2010. (more)
Saskatchewan Budget 2009
Ryan Tax Alert
On March 18, 2009, Minister of Finance Rod Gantefoer presented the 2009-2010 Saskatchewan budget. This is the second budget tabled by the Saskatchewan Party government and the province’s 16th consecutive balanced budget. Despite recessionary pressures and uncertainty across the country, Saskatchewan is forecasting economic growth in the upcoming year. (more)
Department of Finance News Release: Government Announces 2009 Automobile Deduction Limits and Expense Benefit Rates for Business
Tax Highlight
The Minister of Finance has announced the automobile expense deduction limits and the prescribed rates for automobile operating expense benefits that will apply for the 2009 taxation year. Specifically, the rates in effect will be as follows:
The capital cost allowance limit for passenger vehicles purchased in 2009 will remain at $30,000, plus applicable federal and provincial sales taxes. This results in a maximum allowable input tax credit of $1,500 for GST paid (or $3,900 for HST paid) for a passenger vehicle acquired in 2009. (more)
Nova Scotia Budget 2008
Ryan Tax Alert
On April 29, 2008, in Halifax, Finance Minister Michael Baker presented a cautious 2008-2009 budget containing relatively modest spending initiatives and somewhat meager tax relief. However, the province’s seventh consecutive balanced budget does include one significant commodity tax change. (more)
Robert Brakel & Associates Is Now Ryan, Offering Canada the Most Complete Suite of Integrated U.S. and Canadian Tax Services Available.
Press Release - October 22, 2007
Dallas, Texas – Ryan, the leading tax services firm in North America, with the largest transaction tax practice in the United States and Canada, today announced that it has fully integrated the Canadian operations of Ontario-based Robert Brakel & Associates and will now be operating under a single company name and brand.
Ryan will maintain its detailed local knowledge with the existing management team, consulting and client support staff that made Robert Brakel & Associates the leading Canadian sales tax consulting firm for more than three decades. (more)
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2009 Federal Budget
Ryan Tax Alert
On January 27, 2009, Finance Minister James Flaherty presented Canada’s 2009 Federal Budget, including the highly anticipated economic stimulus package. Providing almost $30 billion in support to the Canadian economy, the government’s Economic Action Plan includes: personal and corporate income tax reductions; a temporary tax credit for home renovation projects; tax relief for first time home buyers; measures to improve access to financing; improvements to the employment insurance system; support for industries affected by the current economic downturn; and massive spending on infrastructure. (more)
British Columbia Budget 2009
Ryan Tax Alert
On February 17, 2009, Finance Minister Colin Hansen presented British Columbia’s 2009 budget. This year’s budget focuses primarily on addressing the impact of the global economic downturn on the province and, in an effort to provide “stability and confidence” to British Columbia residents, the government has confirmed that it will run its first deficit in five years, rather than raising taxes or severely curtailing spending on key programs. (more)
New Brunswick Budget 2009
Ryan Tax Alert
Minister of Finance Victor Boudreau, on March 17, 2009, tabled the province’s budget in the Legislature, a budget that is designed to provide “Leadership for a Stronger Economy”. As with most other governments in Canada, New Brunswick is feeling the effects of the sustained global economic and financial crisis, resulting in significant fiscal challenges. (more)
New Location for Ryan
Press Release - October 27, 2008
We're pleased to announce that we've relocated our headquarters to a newly constructed, state-of-the-art facility in Mississauga, Ontario. While our surroundings have changed, our services will not be interrupted and our mandate is unaltered. We continue to provide premium sales tax management services to our many clients.
Ryan's new contact information:
Telephone: 905.567.7926
Fax: 905.567.5549
www.ryanco.ca
Physical address:
6775 Financial Drive, Suite 102
Mississauga, ON
L5N 0A4
Newfoundland and Labrador Tax on Insurance
Ryan Tax Alert
While an official date for tabling the 2008 Newfoundland and Labrador Budget has yet to be released, Premier Danny Williams announced today that his government will eliminate the province’s 15 per cent retail sales tax on insurance premiums. This change, effective immediately, will be retroactive to January 1, 2008. Consequently, insurers will be required to refund any tax collected on new contracts and renewals purchased on or after January 1, 2008 and then apply to the Department of Finance to recover amounts refunded. (more)
Ryan Sales Tax Review™,
December 2008
Tax Highlight
The current issue of the Ryan Sales Tax Review™ has recently been published. Our quarterly sales tax journal provides a timely and practical in-depth analysis of current sales tax issues with an emphasis on compliance issues and recent tax changes.
In addition to our course calendar of upcoming sales tax training courses and a sampling of the questions we receive from our clients on our TaxDirect line, this issue also contains several commodity tax articles of interest: (more)
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