Resources & Articles

Construction


REAL ESTATE PROJECTS: Watch Out!October 6th, 2020

General CRA activity Over the last few years, CRA has focused on purchases and sales within the real estate sector. They are reviewing transactions for...
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Personal Real Estate Corporations: What You Need to KnowOctober 6th, 2020

Many real estate agents watched the progress of Bill 145, Trust in Real Estate Services Act, 2020 (TRESA).  Early in 2020, this Bill made its...
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Construction Companies: Growing Operations with TechnologyOctober 2nd, 2020

The Coronavirus pandemic has expedited significant digital transformation across many industries, including construction. Leveraging the right technologies (both on and off the jobsite) can help...
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TEMPORARY LAY-OFFS: Supplemental Unemployment Benefit (SUB) PlansSeptember 8th, 2020

The purpose of a SUB plan is to allow an employer to make supplemental payments to Employment Insurance (EI) benefits, without eroding those EI benefits....
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Non-resident Selling Canadian Real EstateSeptember 2nd, 2020

In my last article, I wrote about the Canadian tax laws and issues that a non-resident of Canada needs to consider when receiving rental income...
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Work in Process (WIP) Valuation StrategiesAugust 26th, 2020

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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CERB Transitions to EI and Government Announces Three New Benefit ProgramsAugust 24th, 2020

New benefits are being announced and Employment Insurance (EI) is being revamped; here’s what you need to know.  On August 20, 2020, the Federal Government...
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Meet the Government Relief TeamAugust 4th, 2020

At DJB, we recognize that sorting through all of the Provincial and Federal Government Support Programs for businesses and employers during the COVID-19 pandemic can...
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UNCOLLECTIBLE ACCOUNTS: Making Them ValuableJuly 24th, 2020

Tax Possibilities – Bad Debt Write-off As many businesses are struggling to collect outstanding amounts, it may be worthwhile to identify any receivables which have...
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REAL ESTATE SALES: Taxable or not?July 21st, 2020

In general, gains are fully taxable where the taxpayer buys a property with the intention to sell for a profit (sold on “account of income”)....
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