canada revenue agency Archives - Mortgage Rates & Mortgage Broker News in Canada

Have a side hustle? Here’s what you need to know as tax filing deadlines draw near

April 17, 2025 No Comments

You could be selling your art on Etsy or delivering late-night orders for Uber Eats. Maybe you dog-sit on weekends for out-of-town pet owners, or tutor kids who need help with their homework after school.

Can’t pay your tax bill? File your return on time and don’t panic, experts say

April 10, 2025 No Comments

For many Canadians, filing their taxes often means a refund, but for some, tax time can mean a bill that’s unexpected or more than anticipated.

What to do if you owe taxes to the Canada Revenue Agency

Owe the tax man but can’t pay? Ignoring the problem will only make things worse

June 2, 2024 No Comments

The tax filing deadline has come and gone, and some Canadians are now facing a significant tax bill.

Lenders reducing average amortization lengths

Latest in mortgage news: OSFI head applauds lenders’ efforts to shorten amortization lengths

April 1, 2024 No Comments

OSFI says it is encouraged by the progress Canadian lenders have made in reducing amortization lengths of the mortgages within their portfolios.

How to use home equity to pay overdue taxes

How Home Equity Can Be Used to Pay CRA Debts

June 7, 2019 4 Comments

It’s not unusual to find you owe some money to the Canada Revenue Agency (CRA) after filing your personal tax returns. Especially if you have

Reaction to CMHC’s Clampdown on Mortgage Fraud

August 13, 2018 9 Comments

Last month the Canadian Mortgage and Housing Corporation (CMHC) formally asked the Canada Revenue Agency to take a more active role in verifying income claimed

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