Fuel Excise Tax on Hold But Inflation is Not
The U.S.-Israel war on Iran has thrown global oil prices into turmoil and there is plenty of fallout for consumers. Travelling to Europe this summer? That’s in jeopardy, as jet fuel may run out. Looking for relief at the pumps instead? The recently announced suspended federal excise tax on gasoline, unleaded aviation gasoline, diesel fuel and aviation fuel here in Canada will soften the blow, but only temporarily: it will be zero from April 20 to September 7, 2026. Here’s what you need to know:Adjusting Prior Filed Returns? Be Honest
Morton v. The Queen (2014) TCC 72. The Tax Court of Canada recently released reasons for judgment in a case regarding the imposition of penalties following the expiration of the normal reassessment periods.
Evelyn Jacks: Canadians Can Control Wealth Erosion In Uncertain Times
It’s difficult to think pessimistically about the great news released mid-March about our national net worth: it increased by 2.7% to $7.7 trillion in the last quarter of 2013, following a 2.5% gain in the third quarter.
Thank You, Mr. Flaherty
On October 9, 2009 at a presentation in Istanbul, Turkey, Canada’s Finance Minister Jim Flaherty was presented Euromoney magazine's Finance Minister of the Year award for 2009.
Grad Spotlight – New Author Kevin Gebert
Kevin Gebert achieved his MFA-Retirement Income Specialist designation in 2006 and has since been actively involved with Knowledge Bureau, most recently publishing his first book, Financial Fotographs. We are pleased to have Kevin as one of our distinguished grads.
Scammers Victimize Immigrants Posing as CRA
Police in Edmonton are warning of scammers who have their sights set on one Canada’s most vulnerable groups: new immigrants.
What expenses are deductible for child care costs?
Child care expenses are claimable by Canadian residents for services provided in Canada, although deemed residents living abroad qualify as well.
