News Room

The UHT May Be Cancelled, But Vacancy Taxes Remain

As tax professionals, you are keenly aware of the constant changes our federal government makes to the Income Tax Act. Adjustments are made, and you must adapt. Not often, though, is a tax eliminated altogether. But in the case of the Underused Housing Tax (UHT), that is exactly what has happened – it was cancelled in the federal budget of November 4, 2025, but Canada’s underused housing taxes have not been eliminated. Here’s what you need to know for tax season 2026.

11 More Ways To Measure A Truly Rewarding Life

How important are a tax and financial advisor’s “soft skills?”  Having deeper conversations about many life components, other than finance, can be an important first step in improving your clients’ lives. 

Closing the Wealth Inequality Gap: Seven Key Questions

The old adage says that “money can’t buy happiness.” This is now statistically true.

GREAT GRADS! Top Five Tips to Reduce Anxiety About Public Speaking

Millennials (ages 18 to 35) are confident in their abilities and fairly optimistic about the future, but they have greater stress levels than any other generation before them. Why? Despite their many traits for success—ambition, drive and the ability to work hard—it is difficult for them to find opportunities to prove themselves.

On The Move? Tax Relief Can Reduce Financial Stress

Summer is here and it’s moving season. Exciting yet stressful, this life event can be lucrative from a tax viewpoint. 

Trees Win, But Average Tax Refund Up To $1,729

For the 2015 tax filing season, the average Canadian overpaid their taxes by $1,729 during the year—that’s just over $140 a month that’s not going into TFSAs, RRSPs, RESPs, RDSPs, or non-registered accounts to benefit Canadian families in their future.

New Form Defines Tax Exemptions for Status Indians

When is employment income earned by an Aboriginal person exempt from income tax?
 
 
 
Knowledge Bureau Poll Question

Do you agree with the government’s plan to introduce the new Canada Groceries Essentials Benefit (CGEB)?

  • Yes
    24 votes
    33.33%
  • No
    48 votes
    66.67%