News Room

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:

Build Your Personal Brand and Enhance Your True Wealth

Author Catherine Bell will be a featured speaker at several events across Southern Ontario over the next few weeks to celebrate the launch of her new book, Empower Your Presence. Order your copy today and learn how to build true wealth with your personal brand and image.

Set Up a Proper Bookkeeping System for Small Businesses with Confidence

Prepare books in a computer-based double entry system, analyze and report transactions within the accounting cycle, and prepare financial statements ready for tax preparation with Basic Bookkeeping for Small Businesses.

Understand the Tax Impact of Your RRSP Contribution

The RRSP Savings Calculator provides quick answers about the potential tax savings that can be obtained through an RRSP contribution as well as the consequences of borrowing to make that contribution.

THINK BIG in Texas at DAC 2014

Find the sweet spots in wealth management at our 11th annual Distinguished Advisor Conference, November 9-12 in beautiful Horseshoe Bay, Texas. Receive best rates when you reserve your spot by February 15.

Draft Legislation Released: Electronic Funds Transfers

Detailed draft legislative proposals and explanatory notes were released January 9 by Finance Canada to provide guidance on the proposed new rules. Public comment was invited, but must be submitted by February 10. Some highlights of the proposals follow...

Maximize After-Tax Income to Improve Future Income

Paying taxes is a sign of good fortune in Canada. You may be surprised to know that about one third of Canadians do not pay taxes, but of the two thirds that do, an average of 84% of income was left after taxes.
 
 
 
Knowledge Bureau Poll Question

Should the Old Age Security clawback start at a lower net income than the current $93,454?

  • Yes
    24 votes
    18.9%
  • No
    103 votes
    81.1%