Category Archives: News

CRA Extends Tax Deadline

The Canada Revenue Agency (CRA) is extending the payment due date for current-year individual, corporate and trust income tax returns — including instalment payments — from Sept. 1 to Sept. 30.

The CRA said Monday that it will not charge penalties and interest if payments are made by the extended deadline of Sept. 30. This includes the late-filing penalty as long as the return is filed by Sept. 30. Read more

Canada, US poised to extend border restrictions until August 21st

TORONTO — The U.S. and Canada are poised to extend their agreement to keep their shared border closed to non-essential travel to Aug. 21, but a final confirmation has not been given, a person familiar with the matter said Tuesday.

One of Canada’s highest-profile medical experts throughout the COVID-19 crisis, Dr. Isaac Bogoch, told the CBC last week that he wouldn’t be surprised if the Canada-U.S. border stays closed until into 2021. Read more