Resources & Articles

Construction


Bare Trusts and GST/HSTMay 28th, 2019

There has been increased Canada Revenue Agency (CRA) audit activity as it relates to bare trusts and GST/HST.  It isn’t uncommon to see those involved...
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How Does GST/HST Apply when Exporting Tangible Goods from Canada?May 2nd, 2019

As Canadian companies continue to look for customers in other parts of the world, they must ensure that they take into consideration that Canada’s GST/HST...
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Could this Year’s Federal Budget Mean More Audits for Home Builders and Real Estate Developers?April 3rd, 2019

The federal budget (released on March 19, 2019), announced that the government intends to invest an additional $50 million dollars over the next 5 years...
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We are Knowledgeable in a Wide Variety of Construction and Real Estate Risks and Issues That Affect Your BusinessMarch 22nd, 2019

DJB has a long history of providing professional services to a variety of construction and real estate businesses throughout Niagara, Hamilton, and Halton. Whether your...
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T5018 Information ReturnMarch 5th, 2019

One of Canada Revenue Agency’s (CRA) strategies to combat the ever-growing underground economy is to require construction businesses to file an annual T5018 return. A...
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GST/HST and Damage PaymentsJanuary 8th, 2019

Given the vastness of the GST/HST rules, it is wise to check the GST/HST rules for all transactions, especially those that are non-routine, such as...
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Work in Process (WIP) Valuation StrategiesNovember 29th, 2018

In many industries – and especially in construction – the method by which a company chooses to value its work in process and consequently recognize...
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Meet the Lead of Our Construction & Real Estate Sector Services: Tom SawchukSeptember 14th, 2018

The core of Tom’s practice is providing audit and assurance services to owner-managed businesses in a wide range of industries. He also has experience in...
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Advice for Dealing with Tariffs on Steel and Aluminum ProductsAugust 23rd, 2018

Tariffs between the USA and Canada on steel and aluminum products are creating uncertainty in the construction industry.  There are concerns around shortages of material...
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CONSTRUCTION ACTIVITIES: Reporting Obligations for SubcontractorsAugust 16th, 2018

A July 17, 2017 Technical Interpretation examined the conditions which would require the filing of a T5018, Statement of Contract Payments. Where a person or...
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