What is Alberta’s new carbon tax?

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What is Alberta’s new carbon tax? Love it or hate it, the carbon tax is here. Alberta’s new carbon levy and rebate program aims to reduce greenhouse gas emissions by providing Albertans with an incentive to lead a lower emission lifestyle. How does it work? Starting January 1, a carbon levy will be added on […]

CRA approved automobile allowance rates

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Automobile allowance rates The automobile allowance rates for 2016 are: 54¢ per kilometre for the first 5,000 kilometres driven; and 48¢ per kilometre driven after that. In the Northwest Territories, Yukon, and Nunavut, there is an additional 4¢ per kilometre allowed for travel. The automobile allowance rates for 2015 are: 55¢ per kilometre for the […]