Tax
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January 14, 2026
Ottawa raises vehicle write-off cap, tax deductible mileage allowances for 2026
Businesses will be able to write off more of the cost of higher-priced passenger vehicles starting in 2026, after the federal government raised the depreciation cap on cars used for work by $1,000 to $39,000, according to a release issued Jan. 14.
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January 13, 2026
Supreme Court of Canada Justice Sheilah Martin to retire in May after eight years at top court
Supreme Court of Canada Justice Sheilah Martin, a former University of Calgary law dean and one of the apex court’s criminal and constitutional law experts, will retire May 30, 2026, after working at the high court for more than eight years.
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January 13, 2026
From audit to examination: How CRA powers are changing
The next time the Canada Revenue Agency (CRA) audits your business, the process may feel less like a routine information request and more like a courtroom cross-examination. Under proposed amendments to the Income Tax Act, auditors would gain the power to compel sworn testimony — a fundamental shift in how audits are conducted and how taxpayers should prepare.
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January 13, 2026
FEDERAL INCOME TAX - Capital gains and losses - Tax avoidance - General anti avoidance rule
Appeal by DEML Investments Limited against the decision of the Tax Court of Canada dismissing its appeal. The Minister of National Revenue applied the general anti-avoidance rule in s. 245 of the Income Tax Act to deny a capital loss claimed by DEML on a sale of an interest in a partnership in 2010.
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January 12, 2026
Court dismisses judicial review in $15M double taxation case
The Ontario Superior Court of Justice Divisional Court has dismissed an application for judicial review in a case where a corporation claimed it was subject to double taxation, resulting in an extra payment of over $15 million.
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January 09, 2026
Thousands of tax dollars spent to determine if deceased’s estate owed over $18K
The Government of Canada offered various forms of financial support for individuals and businesses during the COVID-19 pandemic. For individuals, the most common were the Canada Emergency Recovery Benefit (CERB) and the Canada Recovery Benefit (CRB). CERB was implemented near the beginning of the pandemic, while CRB was initiated later as a longer-term form of support.
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January 09, 2026
PM Carney’s appointment of Judge Hogue as Deputy AG of Canada sparks questions within legal community
Quebec Court of Appeal Justice Marie-Josée Hogue is retiring Feb. 1, 2026, from her full-time job on the federal bench — one day before starting work on Feb. 2 as deputy minister of justice and deputy attorney general of Canada, Law360 Canada has learned.
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January 08, 2026
U.S. estate tax reform: What it means for Canadians
Around this time last year, we wrote an article speculating on what to expect for U.S. estate tax under a second Trump administration. With the decrease to about half the current amount of the lifetime exclusion amount set to occur early this year unless new legislation was passed, it looked like 2025 would need to be a major year for U.S. estate tax reform.
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January 07, 2026
McCarthy Tétrault announces 2026 partners
McCarthy Tétrault LLP has welcomed eight new equity partners and 16 new income partners, effective Jan. 1, 2026, according to the firm.
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January 07, 2026
Creating competitors: Trump’s regime changes in Canada and Venezuela
Recent press coverage of the capture of Venezuela’s president, Nicolás Maduro, and his replacement with Delcy Rodríguez has been a case of fanciful explanations chasing very few facts. The administration has been of little help with its recent endorsement of Maduro’s second-in-command as the new leader of Venezuela.