

(a) Yes. (b) No.
(b) No.
Transfer payments are also called equalizaton payments. They are not used to equalize taxes received to the provinces where the taxes relate to. Instead they are a means to move money from “have” provinces to “have not” provinces.
Our hours have now returned to normal:
Monday – Thursday: 8:00 a.m. - 4:00 p.m.
Friday: 7:00 a.m. - 1:00 p.m.
A division of EPR Maple Ridge Langley CPAs, we are local Chartered Professional Accountants (CPAs) who primarily serve Langley, Surrey, and Abbotsford in British Columbia.
Our clients are primarily manufacturing and distribution companies, but we also have a division specializing in International tax, which includes Canadian companies expanding into foreign markets and foreign companies expanding into Canada.
We are also member of the Fraser Valley TAX Technical Group (FVTTG).
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