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.Pre-Budget Consultations: Have You Added Your Thoughts?
Canadians have responded enthusiastically to the federal government’s pre-budget consultations; tens of thousands of Canadians have shared their thoughts, the highest-ever turnout for pre-budget consultations on record according to Finance Canada. Suggestions provided by Knowledge Bureau follow. Have you added your voice? It’s easy to do it online at the link above.
The Impact of Education and Aging on Real Wealth Management
When fewer, younger taxpayers must pay most of the taxes while looking after both the elderly and minors, it’s much more difficult for them to accumulate assets for their future, and get good returns on their investments in this environment of de-population.
Private Companies and Retail Investors Receive a Boost
It has become easier to raise money for private businesses in Canada. Securities regulators in five provinces—Alberta, BC, Saskatchewan, Manitoba, and New Brunswick—announced last week that they were adopting a prospectus exemption for issuers listed on a Canadian stock exchange. The opportunity: to raise money by distributing securities without the need for an expensive prescribed offering document.
Ten Disruptors Coming: Advisors’ Roles Must Change
The wealth management business of the past several years has been highlighted by great growth and profitable customers. According to new research from the US1, that’s about to change with 10 key disruptors on the horizon.
Life Purpose
“One small crack does not mean that you are broken, it means that you were put to the test and you didn’t fall apart” - Linda Poindexter.
Director’s Liability and Non-Arm’s Length Transfers Featured at Vancouver and Toronto DAW
The Income Tax Act and the Excise Tax Act allow the Canada Revenue Agency (CRA) to transfer the tax liability of a taxpayer onto third parties. There is a very distinct role for the tax and financial advisor in assisting their clients with this issue. This and more will be discussed at the upcoming Distinguished Advisor Workshop (DAW), with featured guest speakers in Vancouver Jan. 22 and Toronto Jan. 25.
