The 2021 federal budget: more benefits, new taxes, and more.

At BDC, we finance thousands of business transitions every year. We work with companies of all sizes in every business sector.  This high level of activity gives us a clear, comprehensive picture of the business transition market in Canada. Our Economic Research team also conducts regular research to understand the dynamics of Canadian business transitions. […]

The tax implications of Bitcoin and other cryptocurrency.

Do you earn, spend, or trade cryptocurrency such as Bitcoin? Although your bank doesn’t keep record of these transactions, digital currencies are considered commodities (like oil or gold) by the Canada Revenue Agency (CRA) and Revenu Québec, meaning you’ll need to report your income or losses on your return as you would any other business […]

How COVID-19 benefits (like CERB) might affect your taxes this year.

This year has been unpredictable. Many Canadians have faced challenges and changes due to the COVID-19 pandemic. With tax season right around the corner, H&R Block is here to help you understand how Canada’s federal and provincial relief measures for individuals and families might impact your 2020 return, so your taxes can be the one […]