Finance and Taxation News

Through #VoteRetail, we elevated the key issues facing Canadian retailers during #Election2025. Following the results, RCC has written to the new Prime Minister to both congratulate him and reinforce ...Learn More

On Saturday, February 1, 2025, President Donald Trump used his powers under the International Emergency Economic Powers Act (IEEPA) to impose a 25% tariff on all Canadian imports except...Learn More

Watch Tom Murphy’s interview with Jim Cormier, RCC Director of Atlantic, as they discuss the logistical challenges retailers face with the GST/HST tax break....Learn More

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RCC has held multiple discussions with the federal Department of Finance on the GST-HST holiday measures, with successful advocacy on several specific points listed below and more generally, persuadin...Learn More

The federal government announced a two-month sales tax relief program starting mid-December. From December 14, 2024, to February 15, 2025, GST/HST will be removed on a range of goods, including grocer...Learn More

When the Retail Council of Canada and Leger surveyed 2,510 people about holiday shopping over the summer and fall, 26 per cent said they wouldn’t start spending on the occasion until Black Friday or...Learn More

Retail Council of Canada (RCC) welcomes today’s sales tax relief announcement from the federal government. The removal of GST and HST on a sizeable list of goods will create major tax savings for Ca...Learn More

With the passing of Bill C-59, the Fall Economic Statement Implementation Act, retailers worry that new policies contained within the bill, such as a Digital Services Tax, risk hurting our industry an...Learn More

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