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.

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What can an advisor who has the usual mix of clients learn from a family office business serving the ultra high net worth? A lot, according to Terry Jenkins, president of BMO Private Bank, U.S., in Chicago and a speaker at this year’s Distinguished Advisor Conference.

Statistics Canada released revised data on the income of Canadian households for 1981 though 2010.

  If you are in British Columbia you are probably aware that on the 31st of May 2012, the legislative assembly of BC passed Bill 54 to re-implement the provincial sales tax (PST) in the province, alongside the goods and services tax (GST), ridding the province of the much-criticized harmonized sales tax (HST).

Back in the early 1970s, tax reform, which largely introduced the taxation framework we still live with, considered whether the family, including dependants living in the home, should be taxed as one unit on one tax return.