Another reason regional

Another reason regional carriers were able to grow is that new airline technology created airplanes that could service smaller markets efficiently. Smaller regional jets have also proved to be a competitive advantage in an era of rising fuel prices, Bailey notes. Traditional carriers have been unable to pass along the increased cost of jet fuel a 48% spike in the past year alone because of tight competition on fares.

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It may still be possible to split pension income included on the deceased’s final return. To make this election, as the deceased’s legal representative, you and the deceased’s spouse or common law partner must jointly elect to split pension income by completing Form T1032, Joint Election to Split Pension Income. Form T1032 must be filed by the filing due date for the deceased’s final return.

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