News Room

AUTHREP Changed July 15

Since July 15, the "Authorize a Representative" service in EFILE, accessed through tax software, will no longer be available. Tax professionals must now use the Represent a Client (RAC) portal to request online access to a client’s account.

Prescribed Interest Rates Remain Unchanged

For the seventh quarter in a row, the prescribed interest rates remain unchanged. 

Multi Generation Planning, Millennial Millionaires and More at DAC

The 2015 Distinguished Advisor Conference agenda is coming together nicely. Come think strategically with hundreds of top advisors from across Canada who strive to embrace the challenge of building on client relationships from afar.

OAS to Increase by $1.13 per Month

Seniors will see an increase in their monthly OAS cheques in July, but they’ll have to resort to the 99-cent menu to buy anything with the extra pension.

It’s Official: April 15 Federal Budget Receives Royal Assent

Royal Assent was given on June 24, 2015, for the measures announced in the April 21 federal budget, thereby officially legislating the Economic Action Plan 2015 Act, No.1.

Fall Distinguished Advisor Workshop (DAW): Family Business & Year End Planning

The number of family businesses in Canada is growing! Yet, there are real issues around succession, business valuation and the financing of heirs that advisors and their clients need to be discussing now.

Voluntary CPP Premiums A Hot Topic

Knowledge Bureau’s June opinion poll elicited a larger-than-average number of responses from readers, with 341 people casting votes on the following question: The federal government is considering making additional contributions to the Canada Pension Plan (CPP) voluntary. Do you think this is a good idea?
 
 
 
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
    358 votes
    70.75%
  • No
    148 votes
    29.25%