News Room

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.

Tax Tip: The More Obscure Medical Expenses

Are you claiming all the medical expenses you or your clients might be entitled to? 

Job Loss? Ways to Tap into Financial Help

Last time we discussed ways to save money on a severance package using an RRSP and other important tax planning options. In the final instalment of this series, we’ll discuss other accounts to tap to meet cash flow needs, the tax consequences of challenging the amount of severance and a little-known tax trap when it comes to EI (Employment Insurance).  

Military and Police Members Eligible for Tax Relief

If you have clients who are members of the Canadian Armed Forces (CAF), they may be eligible for a special tax credit. Here's what you need to know:

Introducing a New Way to Earn CE Credits: Master the News!

Introducing the Knowledge Bureau News Network – a new financial education environment everyone can engage in and in the case of professional tax and financial advisors, to start earning CE/CPD Credits, too. Check out the three networks to choose from. There are absolutely no pre-requisites; just a desire to master the news and what it means to the decisions you need to make about your finances, your business and your influential role in your community. Here’s how it works:

Missed Today’s RWM & Virtual Campus Orientation?

Missed Today’s RWM™ & Virtual Campus Orientation? The Recording is Now Available! Continue the conversation. Revisit the insights. Take the next step in your professional journey.

Medical Expenses: Construction and Renovation Expenses

Consider how common out of pocket medical expenses are and how many millions of people miss claiming them. We overview a few of those “dark horses” below.
 
 
 
Knowledge Bureau Poll Question

Should the Old Age Security clawback start at a lower net income than the current $93,454?

  • Yes
    16 votes
    18.39%
  • No
    71 votes
    81.61%