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The Canada Revenue Agency (CRA) has confirmed the tax treatment associated with the forgivable portion of these loans. 
Jamie Golombek & Debbie Pearl-Weinberg Mar. 17, 2021 4 minute read

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Written By
Debbie Pearl-Weinberg, LLB

Debbie is an Executive Director of Tax and Estate Planning with CIBC Financial Planning and Advice.  She is a member of the Law Society of Upper Canada, the Canadian Bar Association and the Canadian Tax Foundation. She also works with the Investment Industry Association of Canada on tax matters concerning the investment industry.

Written By
Jamie Golombek, CPA, CA, CFP, CLU, TEP

Jamie Golombek is the Managing Director of Tax and Estate Planning with CIBC in Toronto. Jamie is quoted frequently in the Canadian media as an expert on taxation, writes a weekly column called “Tax Expert,” in the National Post, has appeared as a guest on BNN, CTV News, and CBC’s The National and has been a regular personal finance guest on The Marilyn Denis Show.

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