News Room

2026 Automobile Deduction Limits Released – Finally

The government finally announced the 2026 automobile deduction limits on January 14, 2026, significantly later than in prior years, when the announcements typically came in December.  Here are the new rates, as of January 1, 2026:

Learn about the Family Tax Cuts and more

NOW AVAILABLE:  Learn about the Family Tax Cuts and more – FREE with the purchase of Jacks on Tax.

Tax Free Deemed Dividends Under CRA Microscope

The Tax Court of Canada (Descarries Et Al. v. The Queen (2014) TCC 75) recently had occasion to consider an interesting tax planning scheme that ultimately fell foul of the General Anti-Avoidance Rule (GAAR).  

2015 Alberta Budget Increases Taxes for Most Taxpayers

The 2015 Alberta budget was presented on March 26, 2015. 

Tax Hikes in Alberta Affects Cottage Owners and Insurers

There are three certainties in life:  death, taxes and change.  That’s why taxpayers and their advisors must take note when provinces like Alberta raise their taxes for the first time since 1987. 

Quebec Budget Lowers Corporate Taxes

The Quebec provincial budget was presented on March 26, 2015. 
 
 
 
Knowledge Bureau Poll Question

The automobile deduction limits raised — the CCA ceiling for passenger vehicles to $39,000 plus tax for 2026. In your opinion, is that high enough?

  • Yes
    4 votes
    15.38%
  • No
    22 votes
    84.62%