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Important CRA Updates & Reminders
CRA Online Mail Failure to actively monitor and review CRA online mail may result in significant penalties, interest and/or loss of ability to dispute CRA assessments. Individuals: As of July 3, 2025, approximately 500,000 benefit recipients, such as those receiving the Canada Child Benefit, Old Age Security, or the Disability Tax Credit began receiving CRA…
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CRA No Longer Sending Paper Mail To Businesses
On February 6 th Ward & Uptigrove provided communication to clients regarding the CRA’s plan shift to online correspondence for all businesses in the spring of 2025. A formal announcement with further details was provided by CRA on May 12 th . This announcement means that all businesses will need to update their communication preferences…
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Southwestern Ontario’s Top Employer Award Winner
We are thrilled to announce Ward & Uptigrove was selected as a recipient of the Southwestern Ontario’s Top Employers Award for 2025. The award is based on the following criteria: 1. Workplace, 2. Work Atmosphere and Social, 3. Health, Financial and Family Benefits, 4. Vacation and Time-Off, 5. Employee Communications, 6. Performance Management, 7. Training…
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4 Programs & Incentives for First Time Home Buyers
Buying your first home has never been so intimidating or expensive. The market is at an all time high, many homes are entertaining multiple offers, selling well over their asking price, and now, interest rates are beginning to rise. If you’re looking to enter the market for the first time, you’re going to want to…
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Corporate Succession Planning and Estate Equalization
When contemplating the next steps for your corporate ownership and succession planning, maintaining fairness among family members is often a main priority even though all families members may not be involved in the business. One crucial aspect often overlooked is estate equalization, particularly in family-owned or closely-held businesses. Unequal distributions of wealth can lead to…
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2024 Federal Budget Commentary
On April 16, 2024, the Deputy Prime Minister and Finance Minister, the Honourable Chrystia Freeland, presented Budget 2024 – Fairness for Every Generation , to the House of Commons. No changes were made to personal or corporate tax rates. Some highlights include: A. Personal Measures B. Business Measures C. International Measures D. Sales and Excise…
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Violation of Occupational Health & Safety Act Results in Unprecedented Fines
On April 5, 2024, an unprecedented fine was levied towards a corporation and its director for violation of the Occupational Health and Safety Act . The corporation was fined $600,000 and the director was fined $80,000, plus a 25% victim surcharge. These are highest fines levied both towards a corporation, and to an individual for…
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Should You Save or Pay Down Debt?
This article is based off our podcast episode “Paying Down Debt vs. Saving with a Wealth Advisor”. If you prefer to listen rather than read, you can find it here. It’s been about two years since Central Banks started increasing interest rates to combat inflation. For anyone with debt in their lives, the question has…


