News Room

Seniors Targeted? The Tax Audits Begin

The Canada Revenue Agency (CRA) routinely reviews or audits tax filings, including personal, trust, corporate, and HST returns. The most common types of reviews that focus on personal tax returns include, but are not limited to, Pre-Assessment Reviews, Processing Reviews, and the Matching Program. This year there is a new focus: the Multigenerational Home Renovation Tax Credit introduced to help families better care for their elders. But claiming it, like other tax benefits, comes with a tax snare. Read on to learn more.

Retirement and Estate Planning Bootcamp

This must-attend live workshop will provide you with the best tools to preserve, grow, and transition wealth tax-efficiently for your clients and to the next generation.

Master Your Retirement: Fulfill Your Dreams With Peace of Mind

There are new options for building your retirement nest egg into a steady income stream to support your lifestyle. Master Your Retirement will guide you in achieving real results.

Planning Required as Taxes Go Up In Ontario

True to their word, on July 14, 2014 the Ontario Government introduced the exact same budget it did 74 days ago – a budget that forced the government to the polls.

Transitioning Retirees Going Back to Work

According to a study published by Statistics Canada this year[i], approximately two-thirds of employed Canadians entered their fifties in long-term jobs.

CIBC Class Action

A class action has been granted in British Columbia against CIBC Mortgage Inc. and their penalty clause provisions of their residential mortgages.

Evelyn Jacks: Ontario Budget: Tax Planning is Critical for High Earners

Retroactive tax hikes hurt family financial plans and make it difficult for them to responsibly plan for their financial futures.
 
 
 
Knowledge Bureau Poll Question

Are your clients owed money by CRA? As of March 31, 2025, the CRA holds about 10.2 million uncashed cheques totalling $1.7 billion. In your view, why is this happening?

  • Yes
    18 votes
    66.67%
  • No
    9 votes
    33.33%