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:

Can GAAR and “Reportable Transactions” Co-exist in a Fair Tax System?

Finance Canada’s new law on Reportable Transactions (subsection  237.3) co-exists with the General Anti-Avoidance Rules (GAAR in S. 245) in an interesting way. 

DAC 2013: Stig O. Nybo – Reawaken the Super-Saver: Advocating Towards More Secure Retirements

10,000 boomers are turning age 65 every day in America, but are they ready to retire financially? In this session, you will be challenged to consider how to best change behaviors to create “super savers”.

Gain Confidence in Preparing Accurate T2s for Your Business Clients

Learn how to prepare T2 returns for 4 types of micro businesses and gain a deeper understanding of the business issues and tax options that apply to personal/corporate tax planning at our November Corporate Tax Bootcamp. Register by October 15 for best fees.

What I Have Learned So Far and How It Can Help You

Another person’s life story may be the nudge you need to move in a new direction. Be inspired by 50 outstanding Canadians as they tell the life lessons they learned at the School of Hard Knocks. A must-have guide for young leaders, parents, business executives and bright stars everywhere.

Prepare Consistently Accurate T1 Tax Preparation Services to Your Clients

Achieve double-digit returns in your plans for Real Wealth Management™ with your clients with our T1 Professional Tax Preparation – Basic course. Learn to prepare returns using 3 popular tax software programs, too! Enrol by September 25 and save $200 on tuition rates.

Canada Pension Plan – Sooner or Later?

Gone are the days when you had to quit work to start receiving your Canada Pension Plan retirement pension. These days you can start receiving you CPP retirement pension at any age from 60 to 70. There is a catch however.
 
 
 
Knowledge Bureau Poll Question

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

  • Yes
    24 votes
    19.35%
  • No
    100 votes
    80.65%