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New Diplomacy on the Horizon: U.S. and Russia Push Ahead Without Ukraine

  In a bold shift from previous diplomatic efforts, top U.S. and Russian officials have agreed to advance negotiations aimed at ending the war in Ukraine—even as Ukrainian representatives remain notably absent. High-level talks held in Riyadh, Saudi Arabia, saw U.S. Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov discussing the framework for future peace negotiations and steps toward restoring bilateral relations. The Trump administration’s approach, which prioritizes direct engagement with Moscow, marks a departure from longstanding principles that insisted on “nothing about Ukraine without Ukraine.” Critics in Kyiv have voiced strong opposition. Ukrainian President Volodymyr Zelenskyy warned that any agreement reached without Ukraine’s participation would be unacceptable and would undermine the nation’s sovereignty. European leaders echoed these concerns, with several officials labeling the move as a dangerous precedent that could lead to a “dirty deal...

Taxes 2024: What You Need to Know for This Year’s Filing Season

 

With tax season upon us, there are several tweaks to the filing process this year that Canadians need to be cognizant of before it’s time to submit that paperwork. Understanding this year’s changes is crucial to filing taxes properly and making sure you receive any benefits or credits you may be entitled to.

Important Dates

  • February 19, 2024: This is the first day you can start filing your 2023 tax return online. If you file on paper, you should receive your income tax package in the mail by this date.
  • April 30, 2024: This is the deadline for most Canadians to file a tax return. By filing your tax return on time, you’ll avoid delays to any refund, benefit, or credit payments you may be entitled to. If you owe money to the CRA, this is also the payment deadline.
  • June 15, 2024: If you or your spouse or common-law partner are self-employed, this is the deadline to file your tax returns. As this date falls on a Saturday, your return will be considered filed on time if the CRA receives it or it is postmarked on or before June 17, 2024. If you owe money to the CRA, you’ll still need to pay by April 30, 2024, to avoid interest.

What’s New for 2024

  1. Digital Disability Tax Credit (DTC) Application Form: The CRA has made it faster and easier for persons with disabilities and their medical practitioners to complete the DTC application form. Applicants can now complete Part A of the application form online in My Account or by phone. Once completed, the applicant will receive a reference number to give to their medical practitioner who will use it to complete Part B of the form.

  2. Changes to the T1 Notice of Assessment: The CRA has updated the T1 notice of assessment and notice of reassessment to provide more complete information that is easier to understand. If you are expecting a refund and are not signed up for direct deposit, you will receive a paper T1 notice of assessment and cheque separately.

Remember to stay informed and take advantage of these changes to ensure a smooth tax-filing experience. 

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