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?

Evelyn Jacks: Who is Required to File a Tax Return?

Do you have to file an income tax return this year — or can you just skip it for once?

Quell Uncertainty with an Advance Ruling

Advance income tax rulings can be a useful tool in business and personal wealth planning because they provide certainty and confidence.

What Happens to Joint Subscribers When an RESP is Terminated?

What happens with accumulated income payments from a Registered Education Saving Plan (RESP) when the plan is a joint plan?

Reduced Net Income Pays Off in Spades

Keep an eye on net income, Line 236 of your T1 return. It’s one of the most important lines because of its impact on the size of your refundable and non-refundable tax credits. 

Lifestyle Column: 10 Neat Things

This week: 10 neat things about blue jays

Featured Course: Portfolio Construction for Real Wealth Managers

Portfolio construction begins with the thorough understanding of the risk profile of the client. This course's components assist in the ultimate process of designing and implementing the most appropriate portfolio to match the risk profile of the client.
 
 
 
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
    4 votes
    23.53%
  • No
    13 votes
    76.47%