News Room

The CRA TSlip Saga: An Update

This tax season has been particularly challenging for both taxpayers and tax professionals. The Canada Revenue Agency (CRA) provides tax information slips—such as T3, T4, T5, and their variations—through secure online portals: My Account and Represent a Client (RAC). This year, there were lots of problems with these portals, and now, it appears, CRA is not being quite transparent about when the slips were actually visible to clients and that doesn’t seem fair. Here’s an update on where we stand now.

Two New Honors for Winnipeg Business Leader Evelyn Jacks

October 1, 2013. National business educator Evelyn Jacks, president of Knowledge Bureau has added two new distinctions this year: she was recently ranked one of Canada’s Top 25 Women of Influence for the second year and she is the Manitoba Club’s 2nd female president in its 77 year history.

A Trio of Distinguished Advisor Workshops

Are you a busy professional who needs to update and refresh your knowledge and skills in technical subject areas, train staff, or earn certification for CE/CPD credits? Knowledge Bureau's trio of one-day tax bootcamps is a perfect solution. Start with November's Corporate Tax Bootcamp. Enrol by October 15 for best fees.

SNEAK PEEK: Empower Your Presence

"Presence" has always held a certain mystique that is empowering and attractive—it can improve relationships, transform situations, and influence success. This new release from Catherine Bell will be available at the end of October. Pre-order your copy today!

Elements of Real Wealth Management

Help your clients better use their precious resources of time and money both now and in the future. Enable a framework for joint decision-making throughout changing life, financial, and economic times with all the stakeholders involved: family members and professional advisors. Enrol in Elements of Real Wealth Management by October 9 and save $200.

Optimize Cash Flow

When family situations change—whether by design or happenstance—cash flows are often affected and adjustments must be made to either find new sources of cash or to make existing income sources more tax efficient thereby increasing after-tax cash flow.

Fourth Quarter Prescribed Interest Rate Set: It’s 2%

CRA announced on September 23 that the prescribed annual interest rates will indeed go up by 1% on amounts owed to and by the CRA by individuals and corporations.
 
 
 
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
    12 votes
    60%
  • No
    8 votes
    40%