Canada: Financial Services

STC Steel Technologies Canada, Ltd. v. The King, 2026 TCC 149 [STC Steel] addresses an important question for corporate groups that use different tax reporting currencies: when a Canadian subsidiary with accumulated Canadian-dollar non-capital losses is wound up into a parent corporation reporting in U.S. dollars, when are those losses converted, and which exchange rate applies?

Most published commentary on Canada's Crypto-Asset Reporting Framework explains what CARF is. For a practitioner, that is the easy part and it is not the part that creates professional exposure. The reporting obligation falls on the reporting crypto-asset service provider, not on the accountant or the tax lawyer and not on the client.

Le prêteur a approuvé le financement, l’emprunteur a besoin des fonds et une date de clôture a été fixée. Pourquoi est-ce que l’opération traîne et coûte plus cher que prévu ? Dans le monde du prêt commercial au Canada, il est facile de sous-estimer les étapes entre l’approbation du crédit et le financement. Il faut finaliser les documents, effectuer le contrôle diligent et satisfaire aux conditions de financement, et il faut souvent l’avis de plusieurs parties.

Our tax law firm recently closed a matter in which a client came to us after discovering that a CRA tax debt believed to be long settled was still showing up as an active court judgment on the client’s credit report. The judgment was standing in the way of a financing transaction, and the client needed documented proof, quickly, that the underlying tax debt had actually been paid.

Le Canada dispose de marchés financiers sophistiqués offrant diverses sources de capitaux, des règles harmonisées sur les valeurs mobilières et des structures d'acquisition flexibles.

Canada offers sophisticated financing options through well-capitalized domestic and foreign banks, competitive non-bank lenders, and government-supported programs.

When the holiday season approaches and the calendar year nears its end, many Canadians look to support the causes they care about while also managing their tax position.

Until recently, prediction markets were unavailable in Canada. On March 26, 2026, the Canadian Investment Regulatory Organization (CIRO) published a bulletin announcing its requirements for investment dealer members who wish to operate in prediction markets and offer event contracts.

The AI boom is creating unprecedented demand for GPUs, servers, power systems, cooling infrastructure, and other data center assets in Canada. As highlighted in the Equipment Lease & Finance Association’s (ELFA) recent article, as part of the data center “gold rush,” equipment finance has become a critical part of the capital stack supporting data center development, with lenders increasingly financing GPU-backed infrastructure and related technology assets. Canada’s cooler environment, expansive geography and access to abundant water and electricity in certain provinces, make the country a desirable location to build data centers.