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.

Now that the date of the Federal Budget has been announced, Tuesday April 21, and the Minister has met with learned private-sector economists, who confirmed the March private-sector forecasts will do in interpreting plans for the near future, there is much speculation on what the budget will announce and for whom

According to Finance Canada, more than 1.2 million net new jobs have been created in Canada since the depths of the recession—one of the strongest job creation records in the G-7. 

As a financial professional, you may be called upon from time to time to act as an expert witness in a legal case.

Knowledge Bureau is pleased to announce the publication of a new edition of its certificate course  Advising Family Business, with substantive additions and commentary by Jenifer Bartman, CA, CMC. 

Claiming medical expenses can itself be painful: There are so many receipts and tiny numbers involved with making the claim!

Audrey Beck, MFA - Business Service Specialist.