Income Tax Deadline
The next income tax filing deadline for Canadians is April 30, 2025. Ensure you file your 2024 income tax return and pay any outstanding taxes by this date to avoid penalties and interest. Mark your calendar to stay compliant and avoid last-minute stress.
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Simplified Digital Accounting
Our accounting service blends digital tools with professional expertise to simplify tasks and protect your information. We provide easy, paper-free access to our advice, making things more efficient without needing face-to-face meetings. With advanced IT and security, we cover everything from bookkeeping to tax prep, improving how you manage your finances.
Disclaimer: Information and projections are based on governmental and credible sources for general guidance only. Future projections are estimates and may vary. We are not liable for reliance on this data. Ontario Economic Data Table and Chapter 2: Economic Performance and Outlook.
Ontario 2019-2026: Economic Growth vs. Inflation
This graph encapsulates the economic trends in Ontario from 2019 to 2026, focusing on Real GDP growth and inflation rates. It illustrates the province’s recovery post-2020 economic downturn and projects a steady growth trajectory into 2026, amidst global economic fluctuations Ontario Budget 2023. The graph also sheds light on inflation’s impact, notably the sharp rises in energy and food prices, offering a nuanced view of the challenges and resilience within Ontario’s economy Ontario Economic Update. This visual narrative provides essential insights for informed financial and strategic planning in a changing economic landscape Ontario Chamber Report.
-4.8%
GDP Decline
2020 Downturn
+5.1%
GDP Increase
2021 Rebound
7.13%
Peak Rate
2022 Inflation
+2.8%
Rate rise
2026 GDP Stability
-4.8%
GDP Decline
2020 Downturn
+5.1%
GDP Increase
2021 Rebound
7.13%
Peak Rate
2022 Inflation
+2.8%
Rate rise
2026 GDP Stability
The 40/30/20/10 Financial Framework: Balance and Growth
Optimize your finances with the ’40/30/20/10 Rule’: 40% for essentials, ensuring stability; 30% for lifestyle, maintaining enjoyment; 20% for savings, focusing on future growth; and 10% for tax planning and debt reduction, leveraging our expertise for your financial health.
Disclaimer: The ’40/30/20/10 Financial Framework’ is a general guideline. Individual financial situations vary greatly. Consult a professional advisor to tailor advice to your unique circumstances.
