News Room

Confirmed:  The CCR for Small Business is Tax Free

Ottawa has confirmed that the CCR for Small Business received by eligible Canadian-controlled private corporations (CCPCs) will be tax free for the 2019-20 to 2023-24 fuel charge years, as will the final payment for the 2024-2025 fuel charge year.  Draft legislation was released on June 30, 2025 with this announcement; and will be introduced for law making in Parliament this Fall.   Some of the more significant details are discussed below.

Poll is Close: Who Should Fund Child’s Education?

Knowledge Bureau’s August opinion poll is asking an important question about education funding and our readers are providing some thoughtful and vibrant answers; that’s why the poll results appear to be coming in neck and neck. What do you think?

Canada’s Would-Be Astronauts: What Financial Advice Would You Give?

Who knew Canadians are this adventuresome?  Last week, CBC reported that close to 4000 people -  most of them men – applied for one of two positions to be blasted into space.   If any life event change speaks to the need for immediate tax, estate and family wealth planning, this would be it!

Qualified Tax and Accounting Professionals are in Demand

According to a recent survey by Robert Half, 2017 Salary Guide, Accounting and Finance, professionals with tax and audit experience are in particular demand in the public accounting sector and salaries in these areas are increasing.   Tax accounting, in particular, is an excellent skill and a great “foot-in-the-door” to get experience and insights in an expanding industry.

New and Improved: Free Trials and CE Credit

Knowledge Bureau has improved the opportunity for our students to enrol risk free in our online educational products and earn CE credits while they are doing so. Whether you are a potential student, a prior student or an employer looking for training opportunities, check this out.

Life Purpose

"If money is your hope for independence you will never have it. The only real security that a person* will have in this world is a reserve of knowledge, experience, and ability." Henry Ford

Back to School: Teachers Get a New Tax Break

This month teachers return to the classroom to plot strategies and activities for the new school year, decorate the walls and devise new science experiments.
 
 
 
Knowledge Bureau Poll Question

Do you believe Canada’s tax system based, on self-assessment, has suffered under recent changes at CRA and by Finance Canada? If so, what is the one wish you have for tax reform?

  • Yes
    25 votes
    100%
  • No
    0 votes
    0%