Kim G C Moody’s Musings – 1-1-1 Newsletter For June 4, 2025

  One Comment About Taxation – Canada’s Federal Spending is Out of Control and It’s Only a Matter of Time Before There’s New Taxes   Canada’s population has grown from 35,871,484 at the end of Q1 2016 to 41,528,680 at the end of Q1 2025.  That’s an increase in population of 5,657,196 – 15.8% – during that…

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Kim G C Moody’s Musings – 1-1-1 Newsletter For May 28, 2025

  One Comment About Taxation – Canada May Soon Be a “Bad Country” in the Eyes of the U.S. Tax Code   When Donald Trump won the U.S. election last November, many in the Canadian tax community were concerned that Canada would become even less competitive than we already are.  I wrote about that days after the…

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Kim G C Moody’s Musings – 1-1-1 Newsletter For May 21, 2025

  One Comment About Taxation – Is Canada Going to Have a Federal Budget Presented?   Last week, the federal Finance Minister announced that a budget would not be presented during the upcoming session of Parliament but there would be a Fall Economic Statement presented later this fall. That surprised many and it should!  Isn’t one of…

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Kim G C Moody’s Musings – 1-1-1 Newsletter For May 14, 2025

  One Comment About Taxation – The Liberal Government is Planning for Increased Tax Penalties?   Have you ever been assessed a penalty or interest amount on your personal tax return or a corporate tax return that you are responsible for?  Not fun, eh?  Penalties are used by countries around the world as a carrot-and-stick…

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Kim G C Moody’s Musings – 1-1-1 Newsletter For May 7, 2025

  One Comment About Taxation – Canada Has an Opportunity For Broad-Based Tax Reform   If all you have is a hammer, everything starts to look like a nail.   That’s never been truer than in the realm of Canadian tax policy—especially under the governing Liberal Party of the last 10 years. Whether the issue…

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