News Room

New Consultations: Modernizing Tax Rules for Charities

As the last remnants of a scrumptious Thanksgiving weekend subside, it is appropriate to take a look at the health and issues surrounding the charitable sector in Canada.  Serendipitously, the federal government is seeking your views on how the tax rules for registered charities and the Canada Revenue Agency’s (CRA) administration of these rules could be modernized.  A new consultation was launched on October 8 and here’s what the government wants to know, by December 3, 2026:

Preserve Your Appeal Rights

You are in a relationship with the CRA, so you need to know some key parameters.

Lifestyle Column: 10 Neat Things

This week: 10 neat things about freeze up.

Featured Book: Financial Recovery in a Fragile World

Learn how to embrace and improve your personal and family net worth in a time of great change. You'll be well postitioned to benefit from opportunites in the new financial world evolving around you. Order by Feb. 25 and receive $5 off.

Featured Course: Debt and Cash Flow Management – FREE TRIAL!

Strengthen your relationships with clients who are contemplating taking on debt or is struggling with debt by learning how to help them set realistic expectations, give them actions to focus on, and keep them on track. Try the Free Trial!

Featured Tool: Donations Savings Calculator

Help your clients determine the tax savings (and therefore the after-tax cost) of their charitable donations.

Men Under Age 55, Public Sector Employees Lose Ground

A recent survey by Stats Canada reveals an increase in employment of 1.6% or 286,000, all in full-time work over a 12 month period.
 
 
 
Knowledge Bureau Poll Question

In your view, should Canadians be able to write off more of their out-of-pocket medical expense costs? What amount would be appropriate?

  • Yes
    47 votes
    94%
  • No
    3 votes
    6%