News Room

Coming This Month: Changes to Business Registration Online

More changes are coming to how your clients will access Business Registration Online (BRO). Starting July 14, 2026, the Canada Revenue Agency (CRA) your business clients will only be able to access BRO through their CRA account. As usual, it’s the taxpayer who is responsible for on time remittances and the burden of proof in an increasingly digital relationship with CRA. Here’s what you need to know:

Financial Advisors’ Advice and Strategies Altered by A.I. Revolution

From cell phones to airplanes, building and coins, ore is indispensable in modern life; but, like many other outputs, the work people do to bring it to market is being impacted by the A.I. Revolution. Similar disruptive changes affect the advice tax and financial advisors give their clients.

Weekly Thought Provoker: Threats or Adaptation Opportunities?

Join our online discussion: When changes in the industry force professionals to adapt, should we call them threats, or are they opportunities?

Time to Learn Tax Preparation? Canadian Income Tax is 100 Years Old This Month

The 100th anniversary of personal income tax is coming up on September 20! On that day in 1917, The Income War Tax Act received Royal Assent, heralding in the first personal income taxes in Canada. Perhaps it’s high time you tackled the challenge and mastered the tax return and all it’s nuances? It’s an investment that could really pay off for you.

People in the News

Karen Stokowski, a tax professional in Holden, Alta., has this to say about the Distinguished Advisor Conference

Nine in 10 Business and Financial Pros Oppose Morneau’s Tax Proposals

Accountants, bookkeepers, financial advisors and business leaders are joining the chorus of dissent against Ottawa’s proposed tax changes affecting private corporations, warning of dire consequences to the Canadian economy if implemented, a Knowledge Bureau survey finds.

Poll Comment of the Month: Canadians Betrayed by Tax Proposals

We received dozens of thoughtful, well-crafted comments to our August poll on the proposals to tax passive investment income inside a small business corporation at top personal rates. But this “Letter to the Government” submitted by Brad is a must-read.
 
 
 
Knowledge Bureau Poll Question

Is the new Canada Groceries and Essential Benefit the right solution to help Canadians with inflation?

  • Yes
    6 votes
    11.76%
  • No
    45 votes
    88.24%