News Room

Finance Canada: No More Spring Budgets

Finance Canada announced on October 7 that Canada’s federal budgets will be brought down in the fall starting with the November 4, 2025 event; a significant departure from the spring schedule (February, March or April) that has been the cycle for several decades. This is going to affect many other events as we know them, and in the annual government spending approval cycle. There will also be a new budget process for capital vs. operational expenses. Here’s what you need to know:

Freedom Never? Generation X and Retirement

Those born in the years after the Second World War were given a generational name: the Baby Boomers. Now most are fully immersed into retirement, and their retirement readiness factors are playing out in inflationary times with significant market volatility. Subsequent generations have also been handed monikers, whether they asked for one or not: those born between 1965 and 1980 have been tabbed Generation X and for them, retirement planning is (or should be) in full focus. Here’s why: they are between their 40’s and 60’s and indications are many are ill prepared for retirement.

Do You Have a Good Pension Plan?

Do you have a great job? For many people, it’s not just about salary and workplace culture anymore. Increasingly, at a time of great volatility, a great job is one with a good employer-sponsored group health and an employer-sponsored retirement plan. If not, the criteria changes: are you making enough money to fund these plans on your own? Consider the following:

Tech & Tax: Career Opportunities Bright in Tax Preparation Industry

Tax complexity aside, there has rarely been a more promising career opportunity in the tax preparation industry than today, especially for younger people who are jazzed by the potential of AI and digital transactions with the tax department. Based on the latest Departmental Plan released by CRA on June 17, 2025, key initiatives include the prioritization of AI and a continued digital transformation. So if you love technology, chances are good that you might also love a career in taxation. Knowledge Bureau can help. Here’s what you need to know:

DAC Acuity 2025: Thought Leadership from a Tax Planning Powerhouse

We have an incredible opportunity planned for those of you who love tax, tax planning and the role of the tax and financial advisor in diversifying away upcoming tax erosion: a tax planning powerhouse featuring Canada’s most respected tax authorities, profiled here in alphabetical order with their topics to this year’s theme at the Acuity Conference for Distinguished Advisors (DAC): Happy Landings! Discover a New Era of Risk & Reward. Mark your calendar: November 23-26 in Puerto Vallarta, Mexico.

Take the Lead in Intergenerational Planning

If you're a financial, tax, or accounting professional looking to deepen client relationships, expand your role, and provide more meaningful, strategic value, the Real Wealth Manager™ designation offers a compelling path forward. Who is the RWM and What is their key value proposition for clients? Read on!

Opportunity: Canadian Dollar Stabilizes, Somewhat

Things have started to turn around for the Canadian dollar in the second quarter of 2025. It hit a 22 year low in January of 2025. Investors and property owners, who have been swooning at the high burn rate in their travel plans and property maintenance abroad, may wish to consider recent more positive trends and consider some risk mitigation opportunities now that the dollar is stabilizing somewhat.  
 
 
 
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
    4 votes
    10.26%
  • No
    35 votes
    89.74%