This Month’s Poll
Do you agree with the government’s plan to introduce the new Canada Groceries Essentials Benefit (CGEB)?Designate Relicensing Deadline Ahead: 3 Ways to Earn CE by June 30
Designates – it’s almost time to relicense your specialized credentials! Check out verifiable and non-verifiable options at special tuition prices until June 30 to earn CE and use your exclusive VIP Designate tuition rates you can use to enrol yourself or train your team.
June 15: Tax Season Comes to an Official Close
Proprietors – unincorporated self employed people – must file their personal tax returns by midnight June 15 to avoid paying late filing penalties. Unfortunately, those who owe will already be incurring high interest charges. What does post-tax season planning mean for those who owe and those who received their refund? You can provide guidance – some ideas follow:
Increasing Insolvencies: CERB Tax Debt to Blame?
A new study reports that Millennials have been dealt a raw hand recent economic changes, that have landed them under water with high student loan debt, credit card debt, demand loan debt and the CERB repayment, which has pushed many over the edge into insolvency.
New Conjugal Harmony: Divorce Rate Drops in Canada
The divorce rate has dropped by one third in Canada since 2016, in a surprising statistical table published by Statistics Canada this week. This is contrary to the reports by some divorce lawyers who saw a spike in inquiries during the pandemic. Was this new family harmony an anomaly or was there a pandemic blip in the numbers?
Bill C-47 – March 28, 2023 Budget Off to Senate
Bill C-47, which was tabled on April 20, 2023 to enact certain provisions of the March 28, 2023 federal budget passed through the House of Commons on June 8, 2023, and is now off to the Senate. With swift passage there, provisions such as the Grocery Rebate could be initiated for anticipated payment by July 5. However, there are other very important provisions in the 430-page document – sign up to receive Knowledge Bureau Report in your inbox to receive our detailed budget report for more information!
Fewer Givers: New Trends in Charitable Giving
An interesting trend has emerged in giving has emerged over the pandemic years. In a new report released by Statistics Canada on March 14, 2023 there was a 3% drop in donors claiming donation tax credits in the 2021 tax filing year. Are Canadians less charitable these days? Or is something else going on?
