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:

Better Manage Owner-Manager Compensation Discussions

As a result of recent corporate tax rate changes and adjustments to the taxation of dividends, one of the key issues faced by the owner/manager of a private business is how to best manage his or her compensation to maximize the amount of after-tax income available to the family.

Life Purpose

"Do your little bit of good where you are; it’s those little bits of good put together that overwhelm the world." Desmond Tutu

Early Retirement Your Employer’s Idea? You Have Options

For those who become unemployed, Employment Insurance (EI) benefits may be available and they are taxable. In addition, if you are a high-income earner in the year you receive the benefit, these benefits may also be subject to repayment.

Proposed CPP Enhancements: A BIG Hit for Proprietors

Recently, federal and provincial finance ministers met to discuss enhancements to the Canada Pension Plan. Here’s what’s going to change and when.

Back to School? Encourage Fitness Now – Tax Credits End in 2017

There are big changes coming for families who get the refundable Children’s Fitness Tax Credit, so use it before you lose it!

Brexit: A Time for Trusted Advisors Who Know the Elements of Real Wealth Management to Shine

With the recent Brexit vote and the US presidential election around the corner, markets are volatile. What hasn’t changed, however, is that for most families, taxes continue to be their largest single lifetime expense. As a result, competent wealth managers with a specialization in both taxes and investment management services are in high demand.
 
 
 
Knowledge Bureau Poll Question

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

  • Yes
    6 votes
    10.53%
  • No
    51 votes
    89.47%