Spring Economic Statement: April 28, 2026
April 15, 2026: Ottawa, Ontario - Yesterday, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, announced that he will table the Spring Economic Update 2026 on Tuesday, April 28, 2026. In the Spring Economic Update 2026, the government will provide an update on its plan to build the strongest economy in the G7, and outline additional actions taken to drive prosperity, play to Canada’s strengths, and support Canadians where and when they need it most.
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Investors Shocked by Their Tax Bills?
You may have noticed more of your clients expressing dismay over the high amount of taxes owing this April 30. The culprit could be the late year capital gains distributions declared by fund companies in 2025, which can be a particular surprise for investors who bought their funds late in the year. Their T slips will indicate an entire year’s distribution. Worse, they won’t necessarily have the cash to pay the taxes – now or throughout the rest of the year. Here’s what you need to know:
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Did The CRA’s 100 Day Service Improvement Plan Work?
After a scathing review by the Auditor General last September, on services provided by CRA last tax season, the tax department was mandated by the Finance Minister to implement a “100-Day Plan” which ran from September 2 to December 11,2025. It has already delivered meaningful progress as tax season 2026 comes to a close. We commend CRA employees for meeting the challenge, as it’s no small feat to communicate with millions of taxpayers and their advisors in such a short period of time. Have you noticed a change? Here’s the CRA’s take.
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Evelyn Jacks and Kim Moody: The Real Tax News About Capital Gains
Building personal wealth allows people to manage financial risks and pursue new opportunities without relying on others. It also reduces financial stress and anxiety and averages down your marginal tax rate on income. So why do so few people in Canada invest in capital gains producing assets? Check out this week’s podcast, Real Tax News You Can Use with Evelyn Jacks and this week’s guest, Kim Moody, who will decipher some of the issues. Here’s a backdrop:
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A Recession-Proof Career: Learn Tax Preparation with Practical, Real-World Training
Becoming a certified tax preparer is not only a smart personal and career move, it can also produce consistent and lucrative earnings, from home or office. And the demand for qualified people is high, especially as the relationship with CRA becomes increasingly digital. For these reasons, earning the Certified Tax Preparer Certificate from Knowledge Bureau is also a smart move. Best of all, you can start online now and use your skills to help yourself, your friends and others in the community. Here’s how:
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