Although condo corporations in Canada are non-profit, there are still tax implications and annual filings that are often overlooked.
Canadian Property Management
Tax specialists are reminding commercial landlords that rent deferrals could have flow-through implications for required GST/HST remittances to the Canada Revenue Agency.
This video report addresses how to handle the impact of the HST. Commentators: Brookfield Residential's Dean McCabe, Halsall Associates' Sally Thompson and CG Maintenance's Richard Senechal.