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January 15, 2008 |
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New Year, New Tax Rates, New Regulations The New CCDC 2 - 2008 "Stipulated Price Contract" Seminar Series |
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*Please note , WCA members
already on the list to receive this newsletter*
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WCA hours are: Monday to Friday, 8:00 am - 4:00 pm __________________
Upcoming Industry Events ...............
CSAM Safety Conference January 29 - 30, 2008
President's New Year's Reception Wednesday, February 6, 2008, 5:30 p.m. - 7:30 p.m. __________________ WCA Education News ............... ............... Follow the above link for full schedule details or call Kelly Pochuk
at *Most courses can be used toward the Gold Seal Program* __________________ WCA Membership News ............... WCA Welcomes its Newest Members: ICI Canada Inc. – Vitus Rodrigues Tractus Projects – Jaret Horbatiuk Ecologic Spray Foam Insulation – Mark Nelson Advance Robotic Duct Cleaning Inc. – Richard Czajka S + J Construction Ltd. – John Garcea Capri Interiors Ltd. – Henry Funk Lakeside Process Controls Ltd. – Erick Crockett PETRO CANADA FUEL PLAN * All WCA members currently enrolled in the Petro Canada Fuel Plan will receive an additional 10% discount on car wash purchases with the purchase of fuel at all Petro Canada tunnel car wash sites. * To enroll in the program, call Doug Sargeant at 989-4405. For more information regarding WCA membership, contact: Kelly Pochuk 775-8664 x 2225 or email: __________________ Planroom News ............... For technical difficulties regarding the online planroom, please contact: Eric Sigurdson
Online Planroom Training Sessions Dates: 9:00 - 10:30 a.m. January 23, 2008 February 6, 2008 February 20, 2008 March 5, 2008
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Membership renewal packages were sent out to WCA members at the beginning of December. Directory listings for your company as well as personnel listings, contact information and a logo update request are included in the package. Please check the listings over carefully and fax any changes back to the WCA offices at 783-6446 ASAP. This information will be published in our 2008 Membership Directory & Buyers' Guide.
* PLEASE NOTE: Membership payment is required by January 18, 2008. Failure to pay your invoice will result in an inactivation of your online planroom services. *
New Year, New Tax Rates, New Regulations
In Budget 2007 and the 2007 Economic Statement, there were a number of proposed changes to the tax programs that the Canada Revenue Agency (CRA) administers, which may apply to your business. The following changes are effective January 1, 2008.:
Goods and Services/Harmonized Sales Tax Registrants
- The GST will be reduced from 6% to 5%, while the HST will drop from 14% to 13%.
- The GST/HST reporting period threshold amount for annual filers will be increased from $500,000 to $1,500,000.
- The GST/HST threshold for quarterly instalment payments will be increased from $1,500 to $3,000.
Corporations
- The general corporate income tax rate will be reduced from 21% to 19.5%.
- The small business income tax rate will be reduced from 13.12% to 11%.
- If you are an eligible Canadian-controlled private corporation, you may be allowed, under proposed legislation, to make quarterly intalment payments for tax years beginning after 2007.
Employers
- Payroll deductions: The January 1, 2008, editions of the online calculator and tables will reflect the proposed changes to tax deductions for 2008.
- The quarterly remitter threshold, which relates to an employer's average monthly withholding amount, will increase from $1,000 to $3,000 under certain conditions.
For more information, visit cra.gc.ca.
Construction Law - Gold Seal Online Training
Objectives: This course will provide managers with the tools to help them, understand
construction contracts, write contracts, identify simple errors in construction contracts,
understand the process claim and learn to solve construction disputes effectively.
This course has been accredited by the Canadian Construction Association (CCA) to five (5)
credits towards Gold Seal Certification upon successful completion of this course. A final
mark of 75% is required in order to receive a certificate of completion.
WCA Member Fee: $90.00 + GST
WCA/Assante Management Present...
Tax Advantage Investing Part 1
January 15, 2008 (11:45 a.m. - 1:00 p.m.)
Location: WCA Office
Presenter: Darren Cale, CFP Vice President
Learn the new rules introduced by Ottawa and how they impact business owners. Also, hear about investment options, individual pension plan, RRSP refresher, flow through investing and corporate investments.
REGISTRATION Tax Advantage Investing Part 1
Tax Advantage Investing Part 2
February 5, 2008 (11:45 a.m. - 1:00 p.m.)
Location: WCA Office
Presenter: Mark Lomow, CFP
Learn how to access tax-trapped money within your company, save money inside your company on a tax deferred basis, and implement tax preferred estate planning strategies.
REGISTRATION Tax Advantage Investing Part 2
CSC and CCDC Present...
The New CCDC 2 - 2008 "Stipulated Price Contract" Seminar Series
January 29, 2008 (8:30 a.m. - 11:30 a.m.)
Presenter: Construction Specifications Canada and Canadian Construction Documents Committee (CCDC)
Learn not only what the significant changes are, but the rationale and the thinking behind the changes. Understand what the changes are and how they will affect your contract administration processes.
Cost: $125 plus GST/HST
REGISTRATION The New CCDC 2 Seminar Series
More information on The New CCDC 2 2008 Seminar Series
PLEASE NOTE: WCA plans to hold our own CCDC 2 Seminars for members in coming months.
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E-mail: wca@wpgca.com
Visit our full website at www.wpgca.com
Winnipeg Construction Association is located at
290 Burnell Street, Winnipeg, MB R3G 2A7
(204)775-8664
Copyright of Winnipeg Construction Association © 2007.
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