News Room

New: Personal Support Workers Tax Credit Coming Soon

Personal support workers will receive billions in increased wages from federal/provincial governments in B.C., Newfoundland and Labrador and the Northwest Territories.  Those workers in other provinces will now get a raise too, but they will have to wait until filing their 2026 returns in the spring of 2027 to cash in, according to an October 27 pre-budget announcement.  Here are the details:

OAS to Increase by $1.13 per Month

Seniors will see an increase in their monthly OAS cheques in July, but they’ll have to resort to the 99-cent menu to buy anything with the extra pension.

It’s Official: April 15 Federal Budget Receives Royal Assent

Royal Assent was given on June 24, 2015, for the measures announced in the April 21 federal budget, thereby officially legislating the Economic Action Plan 2015 Act, No.1.

Fall Distinguished Advisor Workshop (DAW): Family Business & Year End Planning

The number of family businesses in Canada is growing! Yet, there are real issues around succession, business valuation and the financing of heirs that advisors and their clients need to be discussing now.

Voluntary CPP Premiums A Hot Topic

Knowledge Bureau’s June opinion poll elicited a larger-than-average number of responses from readers, with 341 people casting votes on the following question: The federal government is considering making additional contributions to the Canada Pension Plan (CPP) voluntary. Do you think this is a good idea?

KBR Summer Publishing Schedule

It’s summertime... and summer holidays are already in full swing.

Financial Literacy Report Cards: Teaching Top 6 Skills

It’s report card time for kids, but it’s also a good time for parents and teachers to reflect on the level of financial literacy among students, and bringing more effective financial education to next year’s curriculum, which begins just a couple of months from now.
 
 
 
Knowledge Bureau Poll Question

Do you believe SimpleFile, CRA’s newly revamped automated tax system, will help more Canadians access tax benefits and comply with the tax system?

  • Yes
    5 votes
    8.93%
  • No
    51 votes
    91.07%