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.

Statistics Canada’s newsletter for small and medium-sized businesses

To keep small and medium-sized business owners abreast of statistical news and trends, Statistics Canada publishes a monthly enewsletter.

New tax treaty to boost trade

A new tax treaty will increase trade and investment between Canada and Hong Kong.

Featured Book: Master Your Retirement

This book by Douglas V. Nelson says don't just 'do' retirement, master it! KBR readers get $5 off if you buy before Nov. 27 - and it makes a great stocking stuffer!

Featured Course: Debt & Cash Flow Management

Earn 30 CE Credits with this self-study, online course designed especially for financial advisors who want to specialize in helping clients develop strong personal net worth statements by managing debt and establishing a savings process.

Lessons learned at DAC Day 1: Taking our bearings

The global economy is on the road to recovery. In fact, said veteran economist Patricia Croft, a speaker at the opening day of the Distinguished Advisor Conference in Naples, Fla., we are half way there.

Lesson learned Day 2: Charting our course

Sailing in uncharted waters means taking new approaches and speakers at Day 2 of the Distinguished Advisor Conference advocated a collaborative approach.
 
 
 
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
    26 votes
    100%
  • No
    0 votes
    0%