News Room

Immediate Expensing Rules: Good Tax Policy?

Over the course of the last two federal budgets (April 16, 2024 and November 4, 2025), the rules for claiming Capital Cost Allowance (CCA) have been uncertain. The proposal to extend immediate expensing rules for certain acquired assets were paused for over a year and then re-introduced in a series of four complex measures which together with new rules for Scientific Research and Experimental Development have become known as the “Productivity Super-Deduction”.  A backdrop appears below. The key question: will this complexity be effective as an economic stimulator?   

Cut the Crap and Manage the Bull

Do you want financial freedom on your own terms. Learn how to develop the Winner’s Mindset in Managing the Bull – a must-read, inspiring, informative, and impactful book by a celebrated author, David Christianson, who was just named a Fellow of FPSC. Buy 3, Get 1 Free.

Advisors: Earn Meaningful CE with Tax Strategies for Financial Advisors

Develop a strategic and tax-efficient investment income plan with your clients that will increase returns. Now qualifies for 30 FPSC CE credits. Enrol before July 15 and save $200...we'll even pay the sales tax! Call 1-866-953-4769.

Expert Panel: The Advisor’s Opportunity with Money Savvy Kids

Affluenza is a problem!  What challenges do advisors face in building wealth for the children of their clients, especially in the case of high net worth clients?  

Get Quick Answers on RRSP Contributions

The RRSP is the most versatile vehicle available for tax planning for most Canadians although it is often poorly utilized. The RRSP Savings Calculator provides quick answers about the potential tax savings that can be obtained through an RRSP contribution as well as the consequences of borrowing to make that contribution.

Advisor Penalties Not Criminal in Nature Says Federal Court of Appeal

On June 12, 2013, the Federal Court of Appeal released its decision in Canada v. Guindon (2013 FCA 153). The issue to be determined was whether advisor penalties levied under Section 163.2 of the Income Tax Act (the “Act”) created an “offence” within the purview of Section 11 of the Canadian Charter of Rights and Freedoms (the “Charter”).

Financial Literacy Leader Apply Here

On June 20, the Honourable Ted Menzies, Minister of State, Finance, announced that the selection process for the first Financial Literacy Leader of Canada was officially underway.
 
 
 
Knowledge Bureau Poll Question

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

  • Yes
    35 votes
    30.97%
  • No
    78 votes
    69.03%