Confirmed: The CCR for Small Business is Tax Free
Ottawa has confirmed that the CCR for Small Business received by eligible Canadian-controlled private corporations (CCPCs) will be tax free for the 2019-20 to 2023-24 fuel charge years, as will the final payment for the 2024-2025 fuel charge year. Draft legislation was released on June 30, 2025 with this announcement; and will be introduced for law making in Parliament this Fall. Some of the more significant details are discussed below.Finance Canada Report Raises Eyebrows
Two important economic reports were released in Canada on October 19 and October 23. The former, by the Finance Department has raised eyebrows for its tax and spending increases. The second, from the Office of the Parliamentary Budget Officer, has warned about the effect of negative trade actions on Canada’s GDP.
High Taxation Has Implications for Economic Growth
Exactly what is the effect of high taxation on long-term economic growth in a country in which an aging population has limited capacity to pay more tax? It’s an important consideration in light of Finance Canada’s annual report, released on Friday October 19 and this week’s PBO Report.
High-Net-Worth Clients: Opportunities in Wealth Management Services
These are interesting times for wealth advisors, amidst new fall volatility*. While High-Net-Worth (HNW) clients around the world enjoyed investment returns of over 20 percent for the second year in a row, increases in satisfaction levels did not correlate with increased returns. This is especially true in Canada.
RESP: A Key to Closing the Poverty Gap
Statistics show that small children who grow up with the expectation they will take higher education will reach those aspirations, and this is likely the key to breaking the poverty cycle in Canada. The Registered Education Savings Plan (RESP) can help, but governments and the private sector need to do more coaching with parents, because educational aspirations begin with them.
Scaling a Business to New Heights: Are You Up to the Challenge?
If you are in business today, building on what you have accomplished so far can be very exciting. Yet it can also be intimidating, especially if the necessary steps have not been fully thought out and properly planned for, and if you are keenly aware that in the absence of growth comes the peril of mismanaging the equity you have built so far.
The Most Important CE Summits of the Year!
The registration deadline is October 31 for the most important CE Summits of the year! Register while there's still time.
