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:

Get In Shape for Tax Season at Bootcamp!

Get ready for the busy 2014 tax season with the Personal Tax Bootcamp. This fast paced workshop will focus on changes in personal tax planning, 2013 T1 tax forms, and all the details you need to really dig for every tax deduction and credit your clients are entitled to. Be an early bird and save – early registration ends November 30.

Start Important Money Conversations with Your Family

Stories and pictures are an important part of any conversation and bring family values into focus. Financial Fotographs will help you tell financial stories, learn from lessons of the past and paint a brighter picture of the future from a financial planning perspective. Order your copy today, hot off the presses.

Help Your Clients Manage Debt and Establish a Savings Process

Debt is a large problem in many households. Wealth advisors need to see where the debt lies and understand how to help their client use debt in a healthy manner in order to accumulate, grow and preserve wealth. Enrol in Debt and Cash Flow Management by November 20 and save $200 on tax deductible tuition fees.

Project Investment Income Into the Future

Quickly determine the tax impact on investment income with the Investment Income Calculator and reconfigure solutions when alternative saving strategies are required for your clients. Try a free trial today!

Minister of Finance Launches Pre-Budget Consultations

Minister of Finance Jim Flaherty will launch the 2014 pre-budget consultations on Thursday, November 7, 2013 in Toronto. Knowledge Bureau Report readers are invited to forward their top three issues of concerns to Evelyn Jacks, President of Knowledge Bureau.

Investing in Spousal RRSP Still a Good Idea

We asked in our October poll, “With the opportunity to use pension income splitting in the future to reduce taxes, is investing in a spousal RRSP still a good idea?”, and the clear answer was “yes”.
 
 
 
Knowledge Bureau Poll Question

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

  • Yes
    24 votes
    19.2%
  • No
    101 votes
    80.8%