News Room

This Month’s Poll

Is the new Canada Groceries and Essential Benefit the right solution to help Canadians with inflation?

Featured Course: Introduction to Personal Tax

With tax season just around the corner, this practical course will provide you with the knowledge and tools you need to ace your tax preparation — free trial availalbe!

Featured Book: Essential Tax Facts

Learn effective and practical money-saving strategies! KBR readers receive $5 off if they order before December 10.

$500 boost to TFSA limit in 2013

In 2013, you will be able to contribute an additional $500 to your Tax-Free Savings Account (TFSA), taking the annual contribution limit to $5,500.

Lack of succession planning could dampen economic growth

Aging small and medium-sized business owners are ill prepared to transition their businesses and that oversight, says CIBC economist Benjamin Tal, could be costly — for business owners and for the economy.

Evelyn Jacks: Giving the gift of tax freedom

Christmas has just gotten a lot easier in Canada, thanks to the Santas in the federal government.

“Break fees” taxable as income

If a company receives a “break fee” in a failed takeover attempt, that fee is income for tax purposes, not a capital gain or a non-taxable “windfall.”
 
 
 
Knowledge Bureau Poll Question

Is the new Canada Groceries and Essential Benefit the right solution to help Canadians with inflation?

  • Yes
    4 votes
    12.5%
  • No
    28 votes
    87.5%