Truckers Beware: CRA Audits Coming

Effective December 4, 2025, the CRA has officially lifted the moratorium it has extended in the transportation industry and intends on levying penalties for failure to report fees paid for services for the 2025 tax year and subsequent tax years.  Here’s what you need to know:

What did Budget 2018 cover that tax and financial advisors need to know now? What did it fail to address? Dr. Michael Graham weighs in on what we might anticipate in cross-border trade, U.S. tax reforms, the implications of Budget 2018 on small businesses in Canada.

It’s always nice to share good news on the first week of spring: an important new benefit for veterans takes effect on April 1, 2018.  First announced in the 2017 federal budget, the new Veterans’ Education and Training Benefit is part of the $133.9 million earmarked over six years to help veterans achieve post-military employment and position them to be more competitive in the workforce. But is it taxable?

If you are a post-secondary student, or a supporting parent or spouse of one, and are looking for the monthly education amount on the 2017 federal tax return, you may be a bit confused; it’s gone, but not out completely.

Although these won’t be announced officially for a couple of weeks yet, the prescribed interest rates and Old Age Security payment amounts are expected to change as of April 1. Here’s what we are anticipating, and why that’s so important for investment and debt management planning now:

The 2018 federal budget placed significant importance on encouraging diversity in the Canadian workforce – including funding to support women, visible and religious minorities and immigrants, and this deserves kudos, as new opportunities abound. Here are some of the details:

Leading with integrity is essential for business success, but just how do up-and-coming leaders do so with integrity and accountability on a day-to-day basis in a very busy world? Please join our Executive Business Builders Network to chime in on the issues our Joanne Sigurdson, author of Knowledge Bureau’s Business Leadership, Culture, and Continuity Course, is challenging our LinkedIn discussion group with: