Opportunity: Canadian Dollar Stabilizes, Somewhat

Things have started to turn around for the Canadian dollar in the second quarter of 2025. It hit a 22 year low in January of 2025. Investors and property owners, who have been swooning at the high burn rate in their travel plans and property maintenance abroad, may wish to consider recent more positive trends and consider some risk mitigation opportunities now that the dollar is stabilizing somewhat.  

National Financial Education Institute Knowledge Bureau is pleased to announce the launch of its new virtual campus: learn.knowledgebureau.com.  The mission of the second campus, which complements the Specialized Credentials offered through www.knowledgebureau.com, will focus on an expanded curriculum of short professional courses available by subscription, especially designed for entrepreneurial advisors in search of both technical and business education.

This year’s thought leaders will be taking the stage at DAC Acuity 2022, October 16-18 in Niagara Falls to discuss the theme “Velocity: How to Gain Momentum in the New Economy”, and this is your unique opportunity to grow your business with innovative insight from the top Canadian Knowledge experts in tax, accounting and finance. We invite you to join us for a combination of great networking, and the serious work of understanding the trends and strategies that lead to sound decision-making with your clients in the current environment. RSVP now, and take advantage of early-bird tuition rates – only until August 31.

Owing money to CRA has just gotten a lot more expensive.  If you owe, you’ll pay interest at a rate of 7% effective October to December.   This represents an additional 1% increase over the July to August quarter which was, in turn, a 1% increase over the rate for the previous quarter.

Just over four months after the April 7th Budget, the Government released a large package of draft legislative proposals on August 9th.  They include details on the following provisions, which will be discussed in detail at the September 21st CE Summits. 

The 2021 Census has pointed to a growing new demographic advisors must take note of or risk losing a client base that can have significant lifetime value.  How well you embrace the transgender or non-binary demographic can make a big difference but it requires unique practice management changes.  Here’s what you need to know:

Join us for an exclusive night out with Knowledge Bureau President Evelyn Jacks and Chef Massimo Capra on October 15th in beautiful Niagara Falls.  This dinner is limited to 20 guests, so confirm your attendance at DAC and your reservation as soon as possible.  Here are the details of the delicious extravaganza; plus, check out the outstanding agenda too!