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:

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.

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Cash replaces inventories and receivables on corporate balance sheets

Canada’s corporations have indeed increased the amount of cash on their balance sheets but it is a survival strategy, not an avoidance strategy, says the C.D. Howe Institute.

Canada’s gently improving economy

A number of recent numbers from Statistics Canada testify to gently improving economic conditions.
 
 
 
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
    48 votes
    94.12%
  • No
    3 votes
    5.88%