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.
The Manitoba Financial Literacy Forum is a coalition of organizations and individuals working together to promote lifelong financial education skills to Manitobans. Co-founded by Evelyn Jacks, President of Knowledge Bureau and the Manitoba Securities Commission, the goal is to improve financial literacy of Manitobans.
Keeley Simpson of Rorabeck Wealth Advisory Group, BMO Nesbitt Burns, and Brandon Silbermann, a financial advisor at Manulife Securities Investment Services Inc and Don Stockman Financial Services Ltd, were awarded prestigious plaques in commemoration of their selection as the two inaugural winners of the Distinguished Advisor Conference (DAC) Young Advisors Award.
Want a real tax challenge? Take the T1 Professional Tax Preparation – Advanced for more complex case studies and tax theory that tests and refreshes your knowledge. The true-to-life simulations help you identify changes in your tax software, too.
From a tax and financial planner’s point of view, it is critical to know the mechanics of tax preparation as a prerequisite to tax-efficient financial planning. If you don’t know tax, you’re missing double digit returns in your plans for real wealth management with your clients.
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"Evelyn Jacks shows Canadian families how to use tax planning to save thousands over the years through family income splitting and asset accumulation. This book is a must-read if you want to build wealth and achieve your financial goals." Gordon Pape, bestselling author of Tax Free Savings Accounts.