Canada Revenue Agency

Glacier Reports Year End 2023 Results

Retrieved on: 
Friday, March 22, 2024
Supreme, Tax, Growth, Face, Exercise, Digital, Printing, Sale, Canada Revenue Agency, Publication, Supreme court, Exhibition, Organic, Advertising

Consolidated revenue for the year ended December 31, 2023, was $154.9 million, down $21.1 million or 12.0% from the prior year.

Key Points: 
  • Consolidated revenue for the year ended December 31, 2023, was $154.9 million, down $21.1 million or 12.0% from the prior year.
  • Additionally, the Company sold the mining media operations in the fourth quarter of 2023.
  • This was partially offset by the effects of cost reduction measures that were put in place earlier in 2023, including lower investment spending and targeted print publication closures having a positive effect on results overall.
  • The Company has implemented cost cutting measures throughout 2023 and will continue to proactively implement targeted measures into 2024.

Recce Pharmaceuticals Announces RECCE® Trademark Registered in Canada, Strengthening Global IP Portfolio

Retrieved on: 
Friday, March 22, 2024
ASX, RCE, Canada Revenue Agency, AMR, Science, IP, Infection, Antibiotics

SYDNEY, Australia, March 22, 2024 (GLOBE NEWSWIRE) -- Recce Pharmaceuticals Ltd (ASX: RCE, FSE: R9Q), the Company developing a new class of synthetic anti-infectives, today announced it has been issued a trademark registration for RECCE® from the Canadian Intellectual Property Office, strengthening its global intellectual property (IP) portfolio.

Key Points: 
  • SYDNEY, Australia, March 22, 2024 (GLOBE NEWSWIRE) -- Recce Pharmaceuticals Ltd (ASX: RCE, FSE: R9Q), the Company developing a new class of synthetic anti-infectives, today announced it has been issued a trademark registration for RECCE® from the Canadian Intellectual Property Office, strengthening its global intellectual property (IP) portfolio.
  • 1289603 formally assigns RECCE® the Canada Trademark No.
  • “We are pleased to receive this newly registered trademark in Canada, building upon those already registered in the world’s largest pharmaceutical markets,” said James Graham, Chief Executive Officer of Recce Pharmaceuticals.
  • The Canada Revenue Agency administers the program, aiming to incentivize businesses to conduct R&D in Canada, encouraging innovation and technological advancements.

Taxpayers' Ombudsperson launches systemic examination into delays in Canada child benefit payments for temporary residents

Retrieved on: 
Tuesday, March 26, 2024
Tax, Office, IRCC, CRA, Canada Revenue Agency, CCB, Ombudsman, Immigration, Refugee, Government revenue, Health insurance

OTTAWA, ON, March 26, 2024 /CNW/ - The Taxpayers' Ombudsperson, Mr. François Boileau, has opened a systemic examination into issues that could prevent some temporary residents from receiving the Canada child benefit (CCB) in a timely manner.

Key Points: 
  • OTTAWA, ON, March 26, 2024 /CNW/ - The Taxpayers' Ombudsperson, Mr. François Boileau, has opened a systemic examination into issues that could prevent some temporary residents from receiving the Canada child benefit (CCB) in a timely manner.
  • Temporary residents are legally authorized by Immigration, Refugees and Citizenship Canada (IRCC) to enter Canada for temporary purposes, including as a visitor, student, worker, or temporary resident permit holder.
  • Most temporary residents are eligible to receive the CCB in their 19th month of continuous residency in Canada.
  • However, the Office of the Taxpayers' Ombudsperson (OTO) has found issues that could be causing unnecessary interruptions in CCB payments to some temporary residents.

Tax Tip - Reducing barriers to contacting the CRA with the new dedicated phone lines for video relay service (VRS) users

Retrieved on: 
Monday, March 25, 2024
Canada Revenue Agency, CAV, American Sign Language, ASL, LSQ, Partnership, Language, Government, CRA, IVR, Government of Canada, Face, VRS, Interactivity, Video game

That is why the CRA, in partnership with the Canadian Administrator of Video Relay Service (CAV), has introduced new dedicated phone lines, with service in English and French, for video relay service (VRS) users.

Key Points: 
  • That is why the CRA, in partnership with the Canadian Administrator of Video Relay Service (CAV), has introduced new dedicated phone lines, with service in English and French, for video relay service (VRS) users.
  • We're proud to be the first Government of Canada department to integrate dedicated services for VRS users.
  • How to access the new VRS line:
    To use the new dedicated VRS lines, individuals will first need to ensure they are registered with Canada VRS .
  • Once registered, they can connect with a CRA agent by calling 1-800-561-6393 for service in English or 1-800-561-9332 for service in French.

Enforcement notification - Tax evasion - Fugitive Brampton tax preparer caught and jailed for $34 million fraudulent charitable donation scheme

Retrieved on: 
Friday, March 22, 2024
Tax, Organization, Income Tax Act, Criminal code, Name, CRA, Canada Revenue Agency, The Criminal Code, Justice, Fraud

Bayden was a partner in a tax preparation business known as E & F Tax Associates or as Bankay Financial Services Inc. in Toronto, Ontario, and later in Brampton.

Key Points: 
  • Bayden was a partner in a tax preparation business known as E & F Tax Associates or as Bankay Financial Services Inc. in Toronto, Ontario, and later in Brampton.
  • Bayden then provided his clients with false charitable donation receipts in the names of various charitable organizations to which he was connected.
  • Bayden charged his clients approximately 10% of the face value of the false charitable donation amounts that were claimed.
  • The CRA has set up a free subscription service to help Canadians stay current on the CRA's enforcement efforts.

Tax Tip - Security measures to protect taxpayer information

Retrieved on: 
Monday, March 18, 2024
Canada Revenue Agency, Safety, Risk, Telephone, Theft, PIN, CRA, Identity theft, MFA, Fraud, Multi, Online shopping

The CRA continues to enhance its security measures to protect Canadians from fraud and identity theft.

Key Points: 
  • The CRA continues to enhance its security measures to protect Canadians from fraud and identity theft.
  • As an added layer of security, the CRA also encourages Canadians to take a few steps of their own to further protect their personal information.
  • The CRA uses Multi-factor authentication (MFA) throughout its sign-in services as a mandatory enhanced security measure.
  • If a taxpayer notices unsolicited changes on their CRA account, or thinks their information has been compromised, they should immediately report it to the CRA .

Tax Tip - Students: Are you ready for tax season?

Retrieved on: 
Wednesday, March 13, 2024
Carbon, First Nations, Tax, Home, Indigenous peoples, Education, CRA, Climate, Accreditation, Sale, Child, Canada Revenue Agency, Organization, Life, Income tax, File, Family, Marital status, Health insurance

To help you report important life changes for tax season, the Canada Revenue Agency (CRA) has some useful tips and information.

Key Points: 
  • To help you report important life changes for tax season, the Canada Revenue Agency (CRA) has some useful tips and information.
  • Tax season opened on February 19, 2024, and you can use a host of methods to file your 2023 income tax and benefit return online.
  • The deadline for most Canadians to file a tax return and pay any amount they owe is April 30, 2024.
  • Organizations with the Community Volunteer Income Tax Program host free tax clinics to complete tax returns for eligible individuals.

Our experts can help you understand your business tax obligations: Meet the Liaison Officers

Retrieved on: 
Tuesday, March 12, 2024
Canada Revenue Agency, UHT, Record, Book, Microsoft Teams, CRA, Housing, Liaison, Small business, Management

OTTAWA, ON, March 12, 2024 /CNW/ - Owners of small businesses and self-employed individuals, did you know that the Canada Revenue Agency (CRA) offers free Liaison Officer (LO) services to help you understand your tax obligations?

Key Points: 
  • OTTAWA, ON, March 12, 2024 /CNW/ - Owners of small businesses and self-employed individuals, did you know that the Canada Revenue Agency (CRA) offers free Liaison Officer (LO) services to help you understand your tax obligations?
  • There are CRA liaison officers all across Canada ready to help you!
  • The Liaison Officer service is offering free educational webinars on the Underused Housing Tax (UHT) to groups or associations to help owners get the information they need.
  • During a UHT webinar, the liaison officer will:
    Please visit Liaison Officer service - free tax help for small business owners and self-employed individuals to find out more about the Liaison Officer service and request a personalized visit or group webinar/seminar today!

FTC, Canadian Law Enforcement Agencies Cooperate on Public Outreach to Combat Cross-Border Fraud

Retrieved on: 
Tuesday, April 2, 2024
Canadian Anti-Fraud Centre, Partnership, Canada Post, Social media, Policy, News, Canada Revenue Agency, United States Secret Service, Identity theft, Fraud, Secret Service, Habit, CAFC, Report, Federal Trade Commission, FTC, Cryptocurrency

As it celebrates Fraud Prevention Month, the Federal Trade Commission is joining with consumer protection and law enforcement agencies from the United States and Canada to engage in public outreach aimed at combatting fraud.

Key Points: 
  • As it celebrates Fraud Prevention Month, the Federal Trade Commission is joining with consumer protection and law enforcement agencies from the United States and Canada to engage in public outreach aimed at combatting fraud.
  • The agencies make up a working group of law enforcement agencies, known as the Quebec Strategic Partnership, who partner to identify and combat cross-border fraud, such as imposter, investment, and prize winnings scams.
  • Postal Inspection Service, U.S. Secret Service, Canadian Anti-Fraud Centre, Canada Post, Canada Revenue Agency, and several local police departments in Quebec.
  • In 2023, Canadian consumers submitted the second highest number of reports to the FTC from outside the United States about fraud.

FTC, Canadian Law Enforcement Agencies Cooperate on Public Outreach to Combat Cross-Border Fraud

Retrieved on: 
Tuesday, April 2, 2024
Canadian Anti-Fraud Centre, Partnership, Canada Post, Social media, Policy, News, Canada Revenue Agency, United States Secret Service, Identity theft, Fraud, Secret Service, Habit, CAFC, Report, Federal Trade Commission, FTC, Cryptocurrency

As it celebrates Fraud Prevention Month, the Federal Trade Commission is joining with consumer protection and law enforcement agencies from the United States and Canada to engage in public outreach aimed at combatting fraud.

Key Points: 
  • As it celebrates Fraud Prevention Month, the Federal Trade Commission is joining with consumer protection and law enforcement agencies from the United States and Canada to engage in public outreach aimed at combatting fraud.
  • The agencies make up a working group of law enforcement agencies, known as the Quebec Strategic Partnership, who partner to identify and combat cross-border fraud, such as imposter, investment, and prize winnings scams.
  • Postal Inspection Service, U.S. Secret Service, Canadian Anti-Fraud Centre, Canada Post, Canada Revenue Agency, and several local police departments in Quebec.
  • In 2023, Canadian consumers submitted the second highest number of reports to the FTC from outside the United States about fraud.