News Room

Spring Economic Statement: April 28, 2026

April 15, 2026: Ottawa, Ontario - Yesterday, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, announced that he will table the Spring Economic Update 2026 on Tuesday, April 28, 2026. In the Spring Economic Update 2026, the government will provide an update on its plan to build the strongest economy in the G7, and outline additional actions taken to drive prosperity, play to Canada’s strengths, and support Canadians where and when they need it most.

Students in the News: David Foth

We love sharing feedback from our recent graduates. This week we feature the success of Mr. David Foth from Saskatoon, who recently graduated from the new T1 Professional Tax Preparation - Basic course.

Life Purpose

"Optimism is the faith that leads to achievement. Nothing can be done without hope and confidence." Helen Keller

Tax Tips: Maximize Change Family Benefit Provisions

Families may soon be out of monthly income due to the cancellation of the Universal Child Care Benefits in July.  It’s also time to review and optimize the Family Tax Cut provisions which are no longer available for the 2016 tax filing year. Tax and financial advisors can help.

Fort Mac – We Have Your Back!

Knowledge Bureau wishes to extend to all our fellow Canadians in the Fort McMurray and surrounding areas, our sincerest sympathies for your suffering as a result of last week’s devastating wild fires.  We pledge our support to all our students, graduates, designation holders and friends in the province, as we offer our thoughts of consolation and prayers to you.

Donations Tax Credit Goes Further for Fort Mac

Helping in helplessness . . . watching the heartbreaking devastation in Fort McMurray has been gut-wrenching. How one hour can change life so dramatically! Making donations from afar seems only right; and it feels especially good, given how terrible the events of the last week have been.

GST/HST Remittances: Are You Already Late?

If you have a December 31st year end, the due date for making annual GST/HST remittances is April 30, even though proprietorships have until June 15 to file the T1 General Tax and Benefits return. So if you owe GST/HST now, be sure to make a payment immediately to avoid interest charges.
 
 
 
Knowledge Bureau Poll Question

Should the Old Age Security clawback start at a lower net income than the current $93,454?

  • Yes
    16 votes
    17.98%
  • No
    73 votes
    82.02%