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No, you can use the following method to claim meal expenses: You claim three meals per day, for $17 per meal (if you go to the US then you can claim US $17). While you do not need receipts, you will need a TL2 form, signed by your employer.

You will need a signed T2200 form provided by your employer. You should also hold on to all your receipts and keep a detailed log sheet of kilometers you drove for business and personal.

You should keep the following questions in mind when making your decision:

1. How many miles do you expect to travel? Most leasing companies charge additional fees over a certain mileage. This information will be outlined in the leasing contract.
2. How long will you keep the vehicle? Do you prefer to change a vehicle after 2-3 years or do you prefer to keep the same vehicle for 5-10 years? A leased car is better for those who prefer to change their vehicle more often.
3. What is your cash flow and state of credit? A leased car is easier, if you don’t have a lot of cash on hand or have a bad credit rating.
4. Do you have any court orders against you? If you owe money to other people, or are in the process of a divorce settlement — your assets (which include an owned car) could be seized or distributed.
5. In terms of a tax perspective, the difference between buying and leasing a car is minimal.

The withdrawn amount has to be repaid over a 15-year period through re-investment in your RRSP, which begins the second year after the withdrawal. The CRA will notify you every year the date by which it has to be repaid and the yearly instalment. If you are unable to repay the investment through your RRSP before the stipulated date, the amount will be added as income for that year.

You are allowed to rent a minor part of your house and maintain this status, however you should not claim capital cost allowance on your house (with the rented-out part in mind).