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:

Deferring Old-Age Security

If you turn 65 before July 1, 2013, can you still opt to delay receipt of Old-Age Security (OAS)?

Use Tax-Free Zones

Everyone in Canada qualifies for the Basic Personal Amount (BPA). 

Lifestyle Column: 10 Neat Things

This week: 10 neat things about artichokes

Knowledge Bureau student honoured with Heroes of the Home Award

Congratulations to Kareen Rekowski, who was recognized by the Champlain Community Care Access Centre in November 2012.

Featured Course: Tax-Efficient Retirement Income Planning - FREE TRIAL

This leading-edge program is designed to provide structure and process for advisors interested in specializing in tax efficient retirement income planning. Try it today, risk free!

Featured Book: The Smart, Savvy Young Consumer

This is "must-have" financial education for a new generation—your friends, your children, or grandchildren. Order by February 4 and receive $5 off!
 
 
 
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
    6 votes
    8.57%
  • No
    64 votes
    91.43%