Corporate Governance

Canadian physicians pay a substantial amount of income taxes. This is because of Canada’s graduated tax system, which means that the more money you earn, the higher the percentage of your income you will pay in taxes. This tax fatigue has increased in the aggregate because of the Trudeau government’s 2017 tax reform for Canadian Controlled Private Corporations (CCPCs), including medical corporations. Many physicians who were income splitting through their medical corporation can no longer save taxes using this income-splitting strategy because of the change in tax legislation.

The federal government's ongoing review about the good, bad and possibly ugly parts of its response to COVID-19 will feed into plans for an improved response to a potential second wave of the novel coronavirus, Prime Minister Justin Trudeau said Monday.

The Weeknd is dedicating $500,000 to hospitals battling COVID-19 in the neighbourhood where he grew up. The Scarborough singer, songwriter and record producer, born Abel Tesfaye, says he felt "it was important to give back to the community that raised me."

The federal Conservatives are calling for an investigation into the Liberal government's decision to have an international charity administer a $900-million program designed to help students during the COVID-19 pandemic. The request is contained in a letter sent to Auditor General Karen Hogan on Sunday in which the Tories argue that "outsourcing'' the Canada Student Service Grant to WE Charity undermines Parliament's ability to monitor the aid program.

The OPA announced the formation of a new diversity task force and consultations to develop its next three-year plan

Canada contributed $300 million on Saturday towards the international fight against COVID-19, as Prime Minister Justin Trudeau joined fellow leaders, activists and philanthropists in calling for a vaccine to be distributed to the world's neediest people. Trudeau announced the new funds in another virtual international fundraiser—this one sponsored by an organization, Global Citizen, that raised almost $9.5 billion in pledges.

Prime Minister Justin Trudeau says Canadian companies are now producing so much personal protective equipment needed in the fight against COVID-19 that Canada is almost at the point of being self-sufficient. He underscored that contention today with a visit to a Kanata, Ont., brewery that has retooled to make hand sanitizer during the pandemic.