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?Financial Literacy Matters More Now
If there was one insight I gained as I worked on the Federal Task Force for Financial Literacy is that more than any other single issue, challenges of financial literacy affect every Canadian and bind us together in our mutual need for financial education.
Frequent Flyer Points Are an Employee Tax-Free Benefit
Up until 2009, CRA took the position that where you accumulate frequent flyer points while travelling on employer-paid business trips and used them to obtain air travel or other benefits for personal use by you or your family, the fair market value of such air travel or other benefits must be included in your income.
Understanding Synthetic Dispositions – Forward Sale, Other Assets
The March 21, 2013 budget closed several loopholes including synthetic dispositions. Knowledge Bureau Report has been examining examples of arrangements that are now closed and their financial outcomes. Last issue we examined the forward sale of securities; in this issue, we provide an example involving the forward sale of other assets.
Build Private Pensions for the Disabled with an RDSP
Health care and home care is expensive to governments and can leave gaps in services that you may find unacceptable for your loved one.
Training Critical for Family Representatives When Loved Ones Become Disabled
Tradition Law, LLP and Knowledge Bureau partner to help Powers of Attorney starting with Attorney School in Manitoba on June 1.
Do You Know What Investment Fraud Looks Like?
WINNIPEG, MANITOBA – According to a recent survey conducted by the Manitoba Securities Commission (MSC), one in five Manitobans have been approached by what they thought was investment fraud, thirty percent of Manitobans don’t recognize investment fraud and twenty five percent believe that reporting investment fraud is more trouble than it is worth.
