News Room

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.

Spotlight: Winning With Women

In Canada, it’s estimated that $3.2-trillion in total assets and $1.1-trillion in financial wealth alone will be controlled by women, based on figures compiled by research group Investor Economics.

Coaching In Financial Decision-Making

Boost your skills so that you can analyze and explain financial reports and provide the guidance your business clients need to grow. Enrol in Managerial Accounting today.

Is Your Retirement Income Forcasting Accurate Enough?

It makes a difference. Your clients might be undersaving – or oversaving at the expense of their peace of mind. This must-attend live workshop will provide you with the best tools to preserve, grow, and transition wealth tax-efficiently for your clients and to the next generation. Earn up to 30 CE/CPD credits!

Canadian Small Businesses Still Behind On CASL Compliance

58% of KBR voters in our July poll indicated that the Canadian Anti-Spam Legislation (CASL) will not affect their business or their clients.

21 Million Tax Returns Filed Online

More than half of Canadians are now using professional EFILE services to do their taxes and despite the Heartbleed bug, close to 7 million Canadians used NETFILE to transmit their returns. 

30,000 Canadian Children Wait for Adoption

More than 20% of Canadians are or have considered adopting a child in Canada, but 75% of these potential parents are concerned about the cost.
 
 
 
Knowledge Bureau Poll Question

Do you believe Canada’s tax system based, on self-assessment, has suffered under recent changes at CRA and by Finance Canada? If so, what is the one wish you have for tax reform?

  • Yes
    338 votes
    69.55%
  • No
    148 votes
    30.45%