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The issue that resulted in this new law being passed is that rents in Toronto were skyrocketing as landlords preferred to lease their condos/houses via AirBnB rather than to a single tenant for longer durations, as short term rentals provided substantially higher yields. As a result, the...

As explained by Steaky, you will not have to declare funds in bank accounts in Canada or overseas upon your landing. If you receive gifts (cash or otherwise) subsequent to landing, you can bring in those funds without incurring any taxes in the future.

No, you'll need a photo ID such as a driver's license, passport or other government-issued ID.

I'm not sure what grounds you would have to appeal this on. You left Canada as an adult and chose to study abroad, despite the fact that Canada has plenty of universities. Your best bet would be to remain in Canada until you fulfill your residency obligation; if you deliberately choose to...

In my experience, there is a minimal amount of racism in Canada. There are definitely a few people who are still ignorant enough to judge people based on skin color, religion, etc. However, in the vast majority of cases, I have found Canadians to be friendly and open minded. I faced my first...

It depends on what sort of job you are seeking. Plenty of small companies would be comfortable hiring you based on your Pakistani qualification, but to get into a larger firm, the Canadian CPA is essential.

This is an honest article about one person's experience with a restaurant, and the costs involved: https://torontolife.com/food/restaurant-ruined-life/

You can receive your Notice of Assessment from the CRA via their online portal.

It depends on what you are looking for. Toronto is a multicultural large city with everything that a metropolitan area can offer, including great dining, plenty of activities and the conveniences of urban living. Guelph is a small town that does have IT jobs, more as a result of its proximity...

In case you didn't see the coverage, Toronto was recently ranked the 4th safest city in the world, and by far the safest city in North America by The Economist. This is a huge accomplishment given the size, recent growth and diversity of Toronto...

That makes sense. Thanks for the explanation!

How do you figure that? The OP is living in Canada and working in Canada, so is obligated to pay tax in Canada for the 2 week period that he is a resident.

Given the OP will be working and will have income to declare, he is required to file.

You don't need a NICOP until you become a Canadian citizen. After that, you can travel to Pakistan with your NICOP and Canadian passport without a visa or a valid Pakistani passport. For now, use your Pakistani passport to enter Pakistan and your ID Card for any government transactions inside...

That's all you need.

If you are now 21, it may be too late to revive your PR status. Was there any specific reason you didn't apply for a PRTD earlier to return to Canada?

Your baby does not qualify for a travel document, and will require a TRV or TRP to enter Canada. Once you are in Canada, you can sponsor your child for PR.

Agreed wholeheartedly, but if you go back to my response, I was specifically addressing the previous post where someone wrote "There is not tax on Savings and you do not need to report them". I was clarifying that you do need to report your savings, and the logical extension is what you said...

There really isn't much tax planning that you can do. Your UAE income will be taxed in Canada, and you must disclose it and pay the associated taxes on it.

You can pull out money from your business throughout the year, and then claim it as dividends when you file at year end (assuming your business shows a sufficient profit). you can also claim back a portion of your rent (if you are working from home) and other business-related expenses which...