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.

Ethics and Leadership: When Social Mores Change

Watching the antics of various leaders in the news these days, it’s clear the challenges of leadership are always on display.  Leadership, ultimately is about followers, and ethical leadership is enduring. Exactly how do great leaders develop their leadership styles, and do the right things in periods of great change and much distraction?

Frenzied Taxpayers; Calm & Professional Responses

It’s not too late: a few spots are left for the January Advanced Tax Update. This  CE Summit is Canada’s best and most comprehensive personal tax update seminar and it comes with significant resources to make tax season easier for you.

Informed Advice: Compelling Reasons to Consult on Business Growth and Transition

Canada has one of the largest projected demographic decreases in the OECD countries.  As the  oldest members of the baby boom generation are now reaching retirement age, Canada has passed a “demographic tipping point,” according to Finance Canada’s December 22, 2017, Update of Long-Term Fiscal Projections. This social sea change brings about a hot new trend in business consulting: accounting for business growth and transition.

The Trusted Tax Professional vs. CRA’s New “File My Return”

This week the National Revenue Minister announced a new program called “File My Return” that will allow Canadians with low and fixed incomes to complete their returns over the phone.

CE Summits - Advanced Personal Income Tax Update

There is still time to register for Winter 2018 CE Summits, Canada’s most comprehensive Advanced Personal Income Tax Update for tax and financial professionals and their new and returning staff. Please remember that Regular Fees apply after deadlines!

Professional Online Training Available Now

Busy tax and financial professionals who are looking to train and hire graduates from Canada’s most  comprehensive and convenient professional certification program may enroll now, 24/7. 
 
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Knowledge Bureau Poll Question

Do you agree with the government’s plan to introduce the new Canada Groceries Essentials Benefit (CGEB)?

  • Yes
    7 votes
    30.43%
  • No
    16 votes
    69.57%