News & Events

June 29, 2016
HST rate in Newfoundland and Labrador to increase on July 1, 2016

Residents of Newfoundland and Labrador will see a rise in the provincial HST rate this Canada Day. Effective July 1, 2016, the government is increasing the provincial portion of the HST from 8 percent to 10percent . The new HST rate of 15 percent is a combination of the 5 percent federal Goods and Services Tax (GST) comb... Read More

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April 5, 2016
New Brunswick increasing HST rates to 15% effective July 1, 2016

New Brunswick will be increasing their HST rates from 13% to 15% effective July 1, 2016. This rate increase will affect registered businesses operating in the province of New Brunswick, but also other Canadian businesses (and businesses outside of Canada that are registered for purposes of GST/HST) who have customers loc... Read More

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March 24, 2016
LaBarge Weinstein’s 2016 Federal Budget recap

The 2016 Federal Budget was tabled this week, and there were several noteworthy measures that were announced including: Reinstating the Labour-Sponsored Venture Capital Corporation tax credit (for provincially formed LSVCCs) as of 2016. Allowing corporations to write-off, as a current expense, up to $3,000 in start-... Read More

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July 28, 2015
Director Liability for Taxes

There are only limited circumstances in which a director can be held personally liable for the debts of the corporation of which he/she is a director (absent some wrongdoing on the part of the director).  Two examples are GST/HST and employment source deductions. When a corporation collects GST/HST on its sales, it is ess... Read More

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