News Room

Fall Federal Budget: Will Spending Be Cut?

Canada has historically presented an annual budget since Confederation in 1867, even through periods like World Wars and the Great Depression, but we have recently experienced the longest period without a full federal budget in our history. By the time the next one is brought down, expected in October 2025, it will have been 18 months since the controversial April 2024 budget which introduced the doomed capital gains inclusion rate hikes. What can we expect?

Grads and Designates:  Official Transcript Study Term January 1 – March 31

VIP Transcripts coming April 3! Check out your official transcripts in the Graduate Lounge.  

Update On Trust Tax Filings

On March 3, 2025 CRA issued an update on the confusing trust filing requirements for tax year 2024. What’s important to know is that when filing of the T3 return, and the T3SCH15 Beneficial Ownership Information of a Trust form is required, the deadline is coming up soon:  March 31, 2025. 

Provincial Budget Round Up – Some Tax Cuts, But for How Long?

It’s provincial budget time and in this Special Report, Knowledge Bureau Report covers the highlights of five of them released since the beginning of February. 

CRA Service Levels: A Challenging Year Ahead

It could be a challenging year for the CRA with all the changes and postponements to the April 16, 2024 federal budget.

Tariffs Bring Worries, Resilience Indicators: Tax and Financial Pros

The tariff wars have begun along with early market reactions. How will this new environment affect your clients’ employment, investment, business and retirement plans? 

Mini CE Summits: You Can Still Participate!

Knowledge Bureau is pleased to present the Four-Pack!  Four in depth half day virtual Mini-Summits you can access immediately to brush up on your personal tax knowledge in time for tax season 2025!
 
 
 
Knowledge Bureau Poll Question

On September 2, Finance Minister Champagne mandated CRA to implement a 100-day plan to “strengthen services, improve access, and reduce delays.” That’s by December 11, 2025. Do you believe this approach will help?

  • Yes
    7 votes
    28%
  • No
    18 votes
    72%