Seniors will begin to lose their “age credit” if net income exceeds $32,506.  

Dividends paid by your corporation may be used to reduce any cumulative net investment loss balance restoring access to the capital gain exemption.  

CRA has expanded the scholarship exemption so that most scholarships and bursaries received by students are exempt from income tax.  

In a June 3010 court case CRA took the position that 43 incorporated truck drivers were employees and subject to EI and CPP