Accounting-related Canadian Organizations
CPA Canada
Chartered Professional Accountants of Canada (CPA Canada) is the national organization established to support a unified Canadian accounting profession. We represent highly qualified professionals who demonstrate an ongoing commitment to providing the highest standards of accounting, ethics and best business practices.
CPA Ontario | Chartered Professional Accountants
CPA Ontario protects the public interest by ensuring our members meet the highest standards of integrity and expertise. We serve and support 87,000 members and 19,000 students in their qualification and professional development in a wide range of senior positions in public accounting, business, finance, government, not-for-profits and academia.
Bank of Canada
Find out what the Bank does, who runs the Bank and how it is separate from the political process. Learn about our history and find links to the Bank’s governance documents.
Canada Revenue Agency
The Canada Revenue Agency (CRA) administers tax laws for the Government of Canada and for most provinces and territories, and administers various social and economic benefit and incentive programs delivered through the tax system.
Ontario Ministry of Finance
The Ministry of Finance is a portfolio in the Executive Council of Ontario commonly known as the cabinet. The Finance Minister is responsible for managing the fiscal, financial and related regulatory affairs of the Canadian province of Ontario
City of Toronto
Toronto, the capital of the province of Ontario, is a major Canadian city along Lake Ontario’s northwestern shore. It's a dynamic metropolis with a core of soaring skyscrapers, all dwarfed by the iconic, free-standing CN Tower. Toronto also has many green spaces, from the orderly oval of Queen’s Park to 400-acre High Park and its trails, sports facilities and zoo
CRA Key Dates
Filling Deadlines
Corporations:
- due 6 months after taxation year.
Individuals:
- April 30 – for most recent calendar year, or
- June 15 – if individual (or spouse) carries on a business.
Deceased Individuals due the later of:
- 6 months from date of death, or
- Normal filing deadline (April 30 or June 15)
Trusts and Estates:
- within 90 days of its taxation year
Tax Returns Filed Electronically
- not filed until CRA acknowledges receipt
T4/T5 Filings Due for Corporations
- FEBRUARY 28(29)
Personal Income Tax balances are due
- May 1
Individual Benefits Key Dates
Canada Child Tax Benefit and Universal Child Care Benefit payments:
- 18th of January and October
- 20th of February, March, May, June, August, September and November
- 19 th of April and July
- 13th of December
Working Income Tax Benefit payments:
- 4th of January and October
- 5th of April and July
GST/HST credit payments:
- 4th of January and October
- 5th of April and July
Installment payments due:
- 15th of March
- 17th of June
- 16th of September and December
- 31st of December (farmers and fishers pay once)
RRSP contribution deadline:
- March 1
Frequently Asked Questions (FAQ)
Canada Revenue Agency (CRA) Contact
- Canada Revenue Agency (CRA) General enquiries: (800) 959-8281
- Child Tax Benefit: (800) 387-1193
- GST / HST: (800) 959-1953
- Trillium: (877) 627-6645
Helpeful Links for New Business (Quoted)
Social Media for Small Business
Social Media is a broad term used to describe all the different online technology tools that enable people to communicate easily via the Internet through sharing information and resources. Methods used include posts on blogs or forums, sharing of photos, audio clips, videos and links, creating profiles on social networking sites, and posting status updates—usually with a feedback mechanism. Although social media started out as a medium for friends and family to share information, businesses now leverage many of these tools to market their small business.
How to Make Money Online
Freelance work can be started today with zero up-front investment. If you take the time to move beyond writing – and master a specialized, in-demand skill – you can easily earn 5-figures per month. However, the freelance world is fiercely competitive.
Marketing Plan
To grow your business, you need a marketing plan as a roadmap you will follow to get unlimited customers and dramatically improve the success of your organization. The right marketing plan identifies everything from who your target customers are, to how you will reach them, and how you will retain your customers so they repeatedly buy from you.
Privacy Protection and E-Business
In Canada, most businesses must comply with the Personal Information Protection and Electronic Documents Act (PIPEDA) which regulates how you may collect, use and disclose the personal information you gather when conducting business.
Business Model Canvas
A business model canvas is a strategic management and entrepreneurial tool. It provides the fundamental structure for your business plan and helps you to visualize the core operations of your business.
Canadian Importing and Exporting
Look at government agencies, regulatory requirements, useful links and training for exporters
Contact Information for Small Business
Environmental Responsibility and your Small Business
Employment programs for people under 30
Also: Start a summer company: students
Canada Small Business Financing Program
Ontario Tax Credits and Benefits
Canada Business Network
Resources and information to help Canadians get their businesses going and growing.
Start up Here Toronto
Running a holiday sale or weekly special? Definitely promote it here to get customers excited about getting a sweet deal.
Digital Main St.
Digital Main Street is supported by key features that assist main street businesses as they adopt digital tools, technologies and services.
Toronto Business Development Centre (TBDC)
TBDC incorporated in 1990 as a not-for-profit agency of the City of Toronto. It was governed by an independent board of directors with support from the Province of Ontario’s Ministry of Industry, Trade and Technology and the City of Toronto Economic Development Corporation (TEDCO).
TBDC provides a wide range of resources and guidance to new and emerging businesses in Toronto
Starter Company Plus
The Starter Company Plus program provides an opportunity for eligible participants to get training, advice and mentoring to help them build a business. The program also provides an opportunity to apply for a grant to help start or grow a business.
Governoment of Canada & CRA Free Calculators
Payroll Deductions Online Calculator
Use the Payroll Deductions Online Calculator (PDOC) to calculate federal, provincial (except for Quebec), and territorial payroll deductions. It will confirm the deductions you include on your official statement of earnings.
GST/HST calculator (and rates)
Use this calculator to find out the amount of tax that applies to sales in Canada.
Registered Retirement Savings Plan (RRSP)
An RRSP is a retirement savings plan that you establish, that we register, and to which you or your spouse or common-law partner contribute. Deductible RRSP contributions can be used to reduce your tax.
Wolters Kluwer Calculators
Tax Free Savings Account (TFSA) Comparison (Canadian)
How taxes are applied to an investment can make an incredible difference. Starting in 2009 all Canadians 18 and older have a new option to save where all earnings and withdrawals are tax free. While there are limits to the amount you are able to contribute, you can make tax free withdrawals at any time for any purpose. This calculator is designed to help compare a normal taxable investment to a TFSA and a RRSP.
RRIF Payment Calculator (Canadian)
A Registered Retirement Income Fund (RRIF) is a plan designed to provide Canadians with a constant income flow through retirement. The property under a RRIF is created from a transfer of funds from an RRSP or another RRIF. The funds in a RRIF are tax-deferred. Amounts paid out of a RRIF are taxable on receipt.
RRSP Loan Calculator (Canadian)
An RRSP loan can be an excellent way to jump start your retirement savings. Use this calculator to see how an RRSP loan could help you in your retirement savings plan.
Tax Free Savings Account (TFSA) Comparison (Canadian)
How taxes are applied to an investment can make an incredible difference. Starting in 2009 all Canadians 18 and older have a new option to save where all earnings and withdrawals are tax free. While there are limits to the amount you are able to contribute, you can make tax free withdrawals at any time for any purpose. This calculator is designed to help compare a normal taxable investment to a TFSA and a RRSP.
Rent vs. Buy (Canadian)
Should you rent or should you buy your home? It takes more than looking at your mortgage payment to answer this question. The first steps in buying a house are ensuring you can afford to place at least 5% of the purchase price of the home as a down payment and determining your budget. This calculator helps you weed through the fees, taxes and monthly payments to help you make a good financial decision.
Other Canadian Financial Calculators
Other Links
Accounting Software For Small Business | QuickBooks® Canada
QuickBooks is an accounting software package developed and marketed by Intuit. QuickBooks products are geared mainly toward small businesses and offer on-premises accounting applications as well as cloud based versions[2] that accept business payments, manage and pay bills, and payroll functions.