Electrical Line RSS Feed Tax Savings for Tradespersons - Canada Revenue Agency

    If you were a tradesperson in 2011, you may be able to claim a deduction for the cost of eligible tools (to a maximum of $500). For more information, go to www.cra.gc.ca/trades.

    You can claim certain expenses you paid to earn employment income as a deduction, but only if your employment contract required you to pay for your own expenses, and either you did not receive an allowance for them or the allowance you received is included in your income. For more information, go to www.cra.gc.ca/employmentexpenses.

    If you had expenses that included GST/HST in the course of your employment duties, and you deducted these expenses from your employment income, you may be able to claim a rebate of part or all of the GST/HST you paid on these expenses.

    Keep all receipts and documentation to support the claims made on your return.

    The deadline for filing your individual income tax and benefit return is midnight on April 30, 2012. However, if you or your spouse or common-law partner carried on a business in 2011, you have until June 15, 2012, to file your return. You must pay any balance owing for 2011 on or before April 30, 2012, regardless of your filing due date. In addition to these deductions, other credits, deductions, and benefits may be available to you. For more information, go to www.cra.gc.ca/trades.

    Using CRA’s online services you can file your return, track your refund, and change your personal information. You can also sign up for direct deposit to receive your refund directly into your account at your Canadian financial institution. For more information, go to www.cra.gc.ca/getready.

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    Electrical Line RSS Feed Top Stories

    Now entering its 19th year, the the Electro-Federation Scholarship Program has awarded over $600,000 to Canadian students. As an industry, this provides an opportunity for members to band together under a proven program. Canadian university and college students are shown the electrical industry as a viable career choice in Engineering, Sales, Marketing, Finance, Management, Operations, Information Technology and Human...
    Wireless charging systems for electric vehicles (EVs) offer several advantages over conventional plug-in technology, foremost among them unparalleled convenience for EV owners. Until recently, these systems were in the R&D and pilot stages only, but now products have begun to reach the market, and several major EV manufacturers have plans to offer models with wireless charging capability in the 2015-2016 timeframe. According to a new report from Navigant Research, worldwide sales of...
    The Canadian Electricity Association (CEA) released a policy paper that draws attention to the impacts of copper theft from electricity infrastructure and outlines four key recommendations to deter copper theft in Canada. The paper, Copper Theft from Canada’s Electricity Infrastructure: Dangerous, Expensive and a Threat to Reliability, will be launched at a reception on Parliament Hill Monday evening hosted by Member of Parliament for Vancouver South, Wai Young, and Member of Parliament for...
    The K2 Wind Power Project has begun hiring workers for the construction of one of Ontario's most promising renewable energy projects following a ruling by the Environmental Review Tribunal, which dismissed the appeal of K2's Renewable Energy Approval. The 270 megawatt (MW) K2 wind power project will use 140 Ontario-made wind turbines. Over 1,000 workers from across southwestern Ontario will be involved in the manufacturing and assembly of the wind turbines, site construction and operations. K2...
    February 28, 2014 – This public notice is the same as the notice issued on April 15, 2013 (Release 13PN-20) except for the addition of Model AP-250MK. The following is a notification from UL to Authorities Having Jurisdiction, distributors, installers and users that the photovoltaic panels identified below bear counterfeit UL Marks for the United States and Canada. The photovoltaic (solar) panels have not been evaluated by UL to the appropriate Standards for Safety and it is unknown if these...

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    • March 28, 2014

      Tidal technology company, OpenHydro, announced that it has been selected by the Nova Scotia Department of Energy in Canada for a tidal energy demonstration project at the Fundy Ocean Research Centre for Energy (FORCE) test site. OpenHydro was selected as part of a competitive process undertaken by the Department in its drive to progress the development of a tidal energy industry in the Bay of Fundy.

      OpenHydro, a DCN...

    • April 10, 2014

      A combined heat and power (CHP or cogeneration) facility planned for Guelph’s Hanlon Creek Business Park will play an important role in meeting the city’s future energy needs while reducing the environmental impact of power generation.

      As part of its award-winning Community Energy Initiative, Guelph hopes to use cogeneration systems to provide at least 30 per cent of the city’s anticipated total electricity requirements—about 100 megawatts—by the year 2031.

      Smaller, local energy systems, including cogeneration systems, directly address a number of our community’s priorities—increasing energy efficiency, reducing greenhouse gas emissions, strengthening the resiliency of the City’s energy infrastructure, improving energy security, growing the local economy, and improving the...

    • April 3, 2014

      The electrochemical reactions inside the porous electrodes of batteries and fuel cells have been described by theorists, but never measured directly. Now, a team at MIT has figured out a way to measure the fundamental charge transfer rate — finding some significant surprises.

      The study found that the Butler-Volmer (BV) equation, usually used to describe reaction rates in electrodes, is inaccurate, especially at higher voltage levels. Instead, a different approach, called Marcus-Hush-Chidsey charge-transfer theory, provides more realistic results — revealing that the limiting step of these reactions is not what had been thought.

      The new findings could help engineers design better electrodes to improve batteries’ rates of charging and discharging, and provide a better under...

    Electrical Line RSS Feed Keeping Current

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    • April 7, 2014

      E.B. HORSMAN & SON announces that it has requalified as Gold Standard recipients of the "Canada's Best Managed Companies Award" for 2013. E.B Horsman first won the distinguished award in 2009 and has requalified each year since, receiving Gold status in 2012. This prestigious award is sponsored by Deloitte, CIBC Commercial Banking, National Post, and Queen's School of Business.

      “Collective vision, shared pride and operational excellence are the key drivers that sustain and propel us forward,” said fifth generation owner Tim Horsman. “The culture at E.B. Horsman creates a passionate workforce that continually strives to improve customer service, profitability, and employee satisfaction. Our team is dedicated to success, are the very best at...

    • April 7, 2014

      IDEAL SUPPLY announces that it has once again been recognized as one of “Canada’s Best Managed Companies” and awarded the prestigious Platinum Club membership. Membership is restricted to the elite corps of organizations who have been Best Managed companies for seven consecutive years or more.

      "At every level our people are responsible for this success", said Tim MacDonald, President & CEO, Ideal Supply. "They continually strive to excel, contribute, and demonstrate a passion to make a difference within our company. Their dedication and loyalty has enabled us to form lasting partnerships with our customers, suppliers, and communities that ensure mutual, sustainable success and growth for each of us."

      Ideal Supply was founded in 1926...

    • April 3, 2014

      LITELINE CORPORATION announces the appointment of Jarrod Stewart to Regional Sales Manager – Ontario. Jarrod, who joined the company two years ago as a sales representative for the Greater Toronto Area, will focus on growing Liteline’s reach and brand visibility in the region. He will work in close conjunction with the dynamic sales team, National Sales Manager Joe Nobrega and Mark Silverstein, Vice-President of Sales and Marketing. Jarrod can be reached at 416-460-7099 or e-mail jstewart@liteline.com.

      Liteline also announcees the appointment of A.M. Agencies as its sales agent in Alberta, effective immediately. Headed by Doug Prusky,...

    • April 3, 2014

      Eliane Poplimont   Eliane Poplimont...

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