Opportunity: Canadian Dollar Stabilizes, Somewhat

Things have started to turn around for the Canadian dollar in the second quarter of 2025. It hit a 22 year low in January of 2025. Investors and property owners, who have been swooning at the high burn rate in their travel plans and property maintenance abroad, may wish to consider recent more positive trends and consider some risk mitigation opportunities now that the dollar is stabilizing somewhat.  

Join us at the one-day Audit Defence Bootcamp to better understand your new obligations to CRA and regulators in real time and excel as an educator an advocate for clients undergoing life changes. Register before May 15 to get early-bird pricing and guarantee your seat at this popular event.

Having an MFA™ is not simply about the money, the product, or the plan—it’s about creating and managing inter-advisory relationships with ideal clients. Add Real Wealth Management™ to your accounting or tax practice as an MFA-Business Services Specialist and expand your specialized wealth management knowledge.

If you are amongst the millions of people living in Canada who are trying to understand what the U.S. tax filing rules are, what they mean and how they could affect you, you need to read Canadians and the IRS. Author Angela Preteau tells why.

Despite the recent shutdown for the Heartbleed bug, CRA is back in full swing processing tax returns, 84% of which have been filed online as of March 24. Those who file electronically are getting tax refunds faster – in less than two weeks when all goes as planned.

The Government of Canada will develop a financial consumer code that could better inform and protect Canadian citizens when purchasing financial products and services.

Tax Advisors take note: the Supreme Court of Canada has allowed an appeal from the Federal Court of Appeal (FCA) to decide on when civil tax penalties are in fact criminal in nature, and as a result, should be protected under the Canadian Charter of Rights and Freedoms.