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.Did you know Knowledge Bureau has a YouTube channel?
Have you checked out the Knowledge Bureau Network YouTube channel yet?
Knowledge Bureau Highlight: Dan Allen
Meet Dan Allen, Certified Financial Planner, Master Financial Advisor- Retirement Income Services Specialist
Canadians Doing Business In China can Now Use The Renminbi
Three important initiatives were announced by Finance Canada this week: a US-dollar denominated global bond issue and second, more significantly the launch of North America’s first trading hub using Chinese currency, the renminbi or RMB, which is poised to take a leading position as a global trading currency, after the US Dollar and the Euro.
3 Million T1’s Received, 25 Million To Go
As of March 1, 2015 just over three million personal tax returns had been received by CRA and not surprisingly, only 13% of these returns were paper-filed – everything else was filed with CRA electronically.
June Distinguished Advisor Workshop Agenda is Here
The agenda for the June Distunguished Advisor Workshop (DAW) is starting to fill up.... have you filled out your application form yet?
Surplus for Saskatchewan
Saskatchewan Finance Minister Ken Krawetz brought forward the 2015-2016 budget for the province March 18 and as expected announced a surplus.
