Tax Tips and Reminders – September 2026

Tax Tips and Reminders – September 2026

Tax Tips and Reminders: Recent Tax Developments and Planning Considerations

In this edition, we highlight recent Canadian tax developments, court decisions and CRA administrative guidance that may be relevant to individuals, businesses, investors and estate planners.

Topics covered include the tax implications of a change in use of real estate, the evolving GST/HST treatment of mutual fund trailing commissions, recent CRA comments on the Voluntary Disclosures Program, and court decisions addressing employment expense deductions for long-distance commuting and commission salespersons.

This newsletter also discusses the treatment of retroactive lump-sum payments for GIS and OAS purposes, tax considerations for RESP holders emigrating to the U.S., and planning opportunities involving Qualified Disability Trusts and multiple contributors.

These developments highlight the importance of understanding how tax rules apply to specific circumstances and of considering potential planning opportunities as legislation, CRA guidance and case law evolve.

For the full overview and additional details on these developments, please click here.

If you have questions about how these updates may affect your personal or business taxes, please don’t hesitate to contact our office at 905-891-5339.