The Canadian Tax Court issued a decision regarding a case entitled Hatt v. The Queen (2015 TCC 207) on 19th August 2015. The issue was whether the taxpayer was entitled to deduct a non-capital loss from employment in Canada in the 2010 tax year. The taxpayer worked for the government from 1998 to 2007 and she took unpaid leave due to work for an international agency in outside Canada. She had suffered a non-capital loss from employment in her 2007 taxation year. According to subsection 111(1)(a) of the Income Tax Act, such loss may be approved and deducted in determining the Complainant’s 2010 taxable income.
Related Posts

US: Trump warns Canada auto tariff could rise above 25%
The US 25% tariffs imposed on cars imported from Canada could be further increased, said President Donald Trump yesterday, 23 April 2025. "When I put tariffs on Canada - they're paying 25% - but that could go up, in terms of cars. All we're doing
Read More
Canada: PM Carney promises tax cuts in election bid
Canadian Prime Minister Mark Carney has pledged tax cuts, infrastructure spending, and defence investments during an election campaign platform on Saturday, 20 April 2025. Carney highlighted that his government is working towards policies to
Read More
Canada introduces relief for businesses hit by US tariffs
Canada’s Department of Finance has unveiled new support measures on 15 April 2025 aimed at assisting Canadian businesses impacted by tariffs imposed by both the US and Canada. The measures were announced by Minister of Finance, François-Philippe
Read More
Canada: Prince Edward Island announces 2025-26 budget, includes corporate tax cuts
The Canadian province of Prince Edward Island presented the 2025-26 Operating Budget to the legislative assembly on 10 April 2025. The province’s 2025-26 budget includes CAD 294.6 million in new spending, bringing total expenditure to over CAD
Read More
Canada imposes 10% tax on foreign homebuyers in Toronto
The City of Toronto will introduce a 10% tax on residential property purchases by foreign buyers, including individuals and corporations, not residing in Canada, effective 1 January 2025. This newly introduced tax falls under the Municipal
Read More
Canada: Newfoundland and Labrador announces 2025 budget, introduces no changes to tax rates
Canada province Newfoundland and Labrador finance minister Siobhan Coady has presented the province’s 2025 budget on 9 April 2025. The minister mentioned the province’s deficit has decreased from CAD 1.5 billion in 2020-21 to CAD 372 million
Read More