News Room

Fall Federal Budget: Will Spending Be Cut?

Canada has historically presented an annual budget since Confederation in 1867, even through periods like World Wars and the Great Depression, but we have recently experienced the longest period without a full federal budget in our history. By the time the next one is brought down, expected in October 2025, it will have been 18 months since the controversial April 2024 budget which introduced the doomed capital gains inclusion rate hikes. What can we expect?

New Fast-Track Makes Back to School Easy for Pros

Knowledge Bureau is pleased to introduce a one year certification and designation program entitled Fast-Track.

Evelyn Jacks: Ready, Richer, and Energized for Prosperity

Stephen Covey was right...it pays to sharpen the saw.[1]

Understanding Conflicts of Interest: Tips from the Tax Court

Canadian National Railway Company v McKercher LLP and Gordon Wallace, 2013 SCC 39

CPP Contributions for the Self-Employed Required Until Age 65

Self-employed taxpayers who are receiving a CPP retirement pension must continue to contribute to CPP until they are at least 65. 

When do I have to pay tax on alimony or spousal and child support payments?

The rules differ for spousal and child support, as explained below.

Life Expectancy and the OAS Postponement Issue

According to a Canadian Institute of Actuaries (CIA) study published by advisor.ca, the life expectancy of a 60-year-old male today has increased by 2.9 years (from 24.4 to 27.3 years), while the life expectancy of a 60-year-old female has increased by 2.7 years (from 26.7 years to 29.4 years).
 
 
 
Knowledge Bureau Poll Question

On September 2, Finance Minister Champagne mandated CRA to implement a 100-day plan to “strengthen services, improve access, and reduce delays.” That’s by December 11, 2025. Do you believe this approach will help?

  • Yes
    7 votes
    26.92%
  • No
    19 votes
    73.08%