Should the Canada Employment Credit Reflect the True Cost of Going to Work?

With the rising cost of transportation, meals, clothing, and other work-related expenses, many Canadians are questioning whether the Canada Employment Credit, set at $1,501 for 2026, still reflects the real cost of earning employment income. Tax professionals, employers, and taxpayers continue to debate whether the credit should be increased, restructured, or replaced altogether. When our poll asked if the Canada Employment Credit should be increased, 87% said yes. Below are perspectives shared by tax and financial professionals across the country.

VIP Transcripts coming April 3! Check out your official transcripts in the Graduate Lounge.  

The tariff wars have begun along with early market reactions. How will this new environment affect your clients’ employment, investment, business and retirement plans? 

Knowledge Bureau is pleased to present the Four-Pack!  Four in depth half day virtual Mini-Summits you can access immediately to brush up on your personal tax knowledge in time for tax season 2025!

Do you enjoy solving problems, working with numbers and helping others?

Statistics show that 97.8% of of the employer business in Canada are small businesses. This means if you have built a tax filing business serving individuals and households only, you’re missing out on a big share of the market.

Knowledge Bureau is pleased to present the Four-Pack!  Four in depth half day virtual Mini-Summits you can  access immediately to brush up on your personal tax knowledge in time for tax season 2025!