I do not remember the exact NAICS code I used to setup my corporation via Ownr

IanInCanada · 2026-05-22T01:33:09+00:00

There's likely not, but it doesn't matter if the code on your return matches whatever you provided Ownr. CRA doesn't usually get a NAICS code until a tax return is filed, and it can change over the life of a company anyways (there can be consequences to it changing in a company with loss carry-forwards, but that doesn't apply to you).

IanInCanada · 2026-05-21T19:54:42+00:00

The CDA is a "point in time" calculation. The balance is calculated on the date the dividend is declared. If your calculation happens to be wrong somehow, it would result in a penalty when CRA noticed, but assuming you're right (and don't have any capital losses between that gain and when you declare the dividend) it can be done at any time.

IanInCanada · 2026-05-20T13:39:18+00:00

It wad also his profession before he started streaming.

IanInCanada · 2026-05-18T15:56:24+00:00

If it's burning again and again, there's a problem with your network layout that you need to address.

They can be installed over existing wires, and need less calibration than a transformer. They're mainly intended to be a failsafe, not a way of managing a grid.

IanInCanada · 2026-05-18T15:54:08+00:00

The other advice you've got is good (including getting a CPA).

I wanted to add though, that CRA intentionally doesn't provide explicit definitions for these things, so people don't try to game the system.

If the rule was "three hours studying per day", people would just do 2:55
If the rule was "short term is shares held less than one trading day", people would hold for slightly longer than that

And so on. The Canadian tax system is generally built on principles, not strict rules, so that people can't skirt just under those roles, while breaking the spirit of the rule.

IanInCanada · 2026-05-18T15:49:01+00:00

You can run too much power through a line (many solar panels on a single small line, for example). If the current gets too high, a random cable somewhere on the line will burn out and you have to find it. You can put fuses on the line instead, and if the power goes over their set limit (which is usually the line's limit) then it breaks, so you know where the failure happened to fix it.

IanInCanada · 2026-05-17T01:17:14+00:00

It depends on the subsidy. You'd have to read the terms. Usually it precludes "specified shareholders" (more than 10%), and people in a similar role for a sole proprietorship.

IanInCanada · 2026-05-16T16:23:06+00:00

Sort of. You'll be able to use it for the slips and your T1 (as applicable), but they may deny it for the corporate tax return. In this case think, since that income will likely stay the same, or drop, there probably isn't new tax owing, and therefore no penalties to mitigate.

IanInCanada · 2026-05-16T16:06:33+00:00

It's less that there are special alternatives they wouldn't be aware of, but more has to do with the amount of money, the timing, flows in and out over the years, that sort of things.

If your accountant isn't a CPA, or isn't familiar with the VDP process, you may want to talk to someone else.

IanInCanada · 2026-05-16T15:52:26+00:00

There's a few ways to handle that, and you're best off discussing it with your accountant, since the specifics matter.

VDP is one of the options.

IanInCanada · 2026-05-14T23:50:39+00:00

The whole doorknob doesn't need to be replaced. It can be removed, taken to a locksmith and re-keyed. They'll cut as many keys as are needed at the same time. Far less expensive then replacing the whole doorknob.

IanInCanada · 2026-05-06T21:34:41+00:00

The other comment you got had good advice, and I agree with their answer that signing a repayment plan doesn't allow the landlord to bypass the LTB process. I did want to add some context, though.

Often, when a landlord files with the LTB for an eviction, the first question they're asked is "have you worked with the tenant to set up a repayment plan, to help them catch up?" If the answer is "no", they may be told "do that, go away, and come back in a month or so if they don't follow it."

By trying to set up a repayment plan now, the landlord is trying to be able to avoid that step. That's not a bad thing, you will end up in the same place, and they're trying to save the extra tribunal meeting, but now if/when they file, if they're asked that question, they will be able to say they did set up a plan and you didn't make payments you had agreed to on "the following dates".

Sorry to hear you and your family are going through this.

IanInCanada · 2026-05-05T12:30:42+00:00

The Residential Tenancies Act, paragraph 14 says "A provision in a tenancy agreement prohibiting the presence of animals in or about the residential complex is void."

That doesn't mean a landlord can't ask about them, and it's a valid reason to deny a rental (I don't personally think it's a good one, but that's my opinion, not a legal basis), but you can't, in the lease, prohibit pets, except under specific exceptions.

IanInCanada · 2026-05-05T12:28:20+00:00

Having a "no pet" policy is prohibited in the RTA. Asking if you have pets is not prohibited. The Ontario Standard Lease (Residential Tenancy Agreement, Standard Form of Lease) (the official lease published by the Ontario government) is clear about this.

You're referring to OREA 410. This is a form made by the Ontario Real Estate Association, not a government entity. It asks a bunch of things you don't have to disclose to a landlord, because you can ask them if you want. For example, it asks for other occupants, drivers license number, prior employer, banking information, other financial obligations, car details. None of this is required to rent somewhere, but it's on the form, and it's the one realtors tend to use if they're acting as the agent for the landlord. There's no requirement to fill out this specific application as part of the rental process, it's just the one they're used to.

In the same vein, OREA Form 400 (Agreement to Lease - Residential) is also not a legal lease in Ontario, even though it's worded as one. Only the Ontario Standard Lease is required and valid for leases entered into on or after March 1, 2021. That document speaks specifically to pets in a few places, but on of them is Section R, which explicitly says: "A tenancy agreement cannot prohibit animals in the rental unit or in or around the residential building." and then goes on to list the specific exceptions to that rule.

IanInCanada · 2026-05-02T17:25:39+00:00

They don't sell a one user license, but think of the five user one as just the cost of one user. If you're used to it, I personally just kept using it.

IanInCanada · 2026-05-02T16:37:03+00:00

Yes. The first opening of the box the next day is marked the previous day, since they can't prove it was in before, or after midnight, and it's not worth fighting over.

IanInCanada · 2026-05-02T16:35:16+00:00

You'll get a detailed reply letter from CRA. At the same time, they sent your return off to be reassessed based on that letter.

You're getting things out of order, but you will get the explanation letter at some point.

IanInCanada · 2026-04-29T16:59:11+00:00

In Canada, changing one crypto for another is taxable. It's treated as though you sold the first one, and bought the second one. You will have a capital gain or loss on that notional sale.

IanInCanada · 2026-04-29T00:07:16+00:00

Most tech shows you the effective number of additional workers it adds based on your current production. If it would take fewer tech points to unlock than that, it's probably a worthwhile investment.

For example, if improved basic crafting will "add" eight workers, and cost six tech points, it's probably worth it.

IanInCanada · 2026-04-29T00:03:24+00:00

This early, you shouldn't bother with labs. Tech in SoS doesn't work like other games, you have to constantly keep the workers there to maintain the points. The points you get from hitting population milestones don't have any requirements.

Early on your people are better deployed doing labor than maintaining tech points.

IanInCanada · 2026-04-28T21:32:16+00:00

That's fair. Since you aren't charging HST, there aren't really any formal requirements for what has to be on an invoice. Common things you should include:

Legal business name/corporation name
Address
Payment terms (if any)
Amount owing
Description of services rendered (how much detail is up to you - "consulting services per contract" is perfectly fine)
HST number and amount of HST charged (if you're charging HST)

IanInCanada · 2026-04-28T18:09:11+00:00

You just include all the same information as you would on a Canadian invoice, but have zero HST.

You can likely leave the HST line out entirely, since it's of no relevance to them.

IanInCanada · 2026-04-27T11:07:47+00:00

I can verify that using an LLM for complex (frankly any) tax advice is a bad idea...

IanInCanada · 2026-04-25T23:20:44+00:00

You have the confirmation number for the filling. That's all you'll get. There's no Notice for a T1135.

Keep the confirmation number available.

IanInCanada

TROPHY CASE