News Room

Pre-Budget Consultations Now Underway!

Pre-budget consultations are now underway for this fall’s Federal Budget and Canadians are invited to share their views with Finance Minister Francois-Philippe Champagne through an online survey. Over the next several weeks, the Finance Minister and his team will meet with various stakeholder groups and review public submissions before finalizing the budget.

Featured Course: Tax Preparation for Proprietorships

Unincorporated small businesses have tax preparation and planning requirements that are unique. These small business owners will be looking to you for sound advice during tax time.

Weaker momentum takes its toll on federal finances

Canada is not immune to the problems plaguing global economies and recent government releases quantify the extent of the impact.

Provincial fiscal updates lower than expected

Many provinces have issued their fall fiscal updates and the same thing ails them as ails the federal government.

Evelyn Jacks: Charitable giving counts

I like to donate to my favorite causes in December. It makes me feel great because it benefits others. The fact it lessens my tax liability is but an added benefit.

Income Tax Act’s new anti-avoidance provisions

If the federal government decides to crack down on “aggressive” tax avoidance transactions, does it signal a sea change for advisors or is it really much ado about nothing?

Taxing retroactively is legal

Imposing taxes retroactively seems contrary to a rational, moral approach to taxation, but it is legal.
 
 
 
Knowledge Bureau Poll Question

Is the new Canada Groceries and Essential Benefit the right solution to help Canadians with inflation?

  • Yes
    7 votes
    6.73%
  • No
    97 votes
    93.27%