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CRA sends postcards on underused housing tax in dubious awareness campaign - Vimarsana News

CRA sends postcards on underused housing tax in dubious awareness campaign

The UHT, which took effect at the start of 2022, is an annual levy of 1 per cent on homes owned by foreigners and considered underused or vacant

UHT not meant to generate extra tax revenue, CRA says - Vimarsana News

UHT not meant to generate extra tax revenue, CRA says

Agency has spent more administering the UHT than it has assessed so far 

Source: advisor.ca
Flair CEO says debt, delivery delays put expansion plans on hold - Vimarsana News

Flair CEO says debt, delivery delays put expansion plans on hold

Company says it has a plan to repay the federal government $67.2 million in unpaid taxes

Flair Airlines owes feds $67M in unpaid taxes, prompting seizure order - Vimarsana News

Flair Airlines owes feds $67M in unpaid taxes, prompting seizure order

But the writ of seizure and sale is just an arrangement put in place in case Flair fails on its tax repayment plan, CEO Stephen Jones said

Source: canada.com
Flair's tax debt will not disrupt Region of Waterloo airport - Vimarsana News

Flair's tax debt will not disrupt Region of Waterloo airport

The discount airline vows business as usual as it navigates more financial headwind with the Canadian Revenue Agency.