News Room

Opportunity: Canadian Dollar Stabilizes, Somewhat

Things have started to turn around for the Canadian dollar in the second quarter of 2025. It hit a 22 year low in January of 2025. Investors and property owners, who have been swooning at the high burn rate in their travel plans and property maintenance abroad, may wish to consider recent more positive trends and consider some risk mitigation opportunities now that the dollar is stabilizing somewhat.  

Does everyone have the same tax filing due date?

No, in fact, the Tax Filing Due Date can vary.

File by April 30

Even though proprietors and their spouses have until June 15 to file their returns before late filing penalties kick in, it makes sense to file by midnight April 30 with all other taxfilers to avoid interest charges if you have a balance due.

Featured Course: Advising Family Businesses

Many family businesses struggle to succeed to the next generation despite the unlimited amount of resources available today that can help. Be the help your clients need to beat the odds for succession success.

New to KBR for 2013: 10 Neat Things, A New Lifestyle Column

This week: Ten neat things about frankincense and myrhh

Featured Tool: Income Tax Estimator

This simple yet powerful one-page calculator will help you demonstrate various tax scenarios to your clients to determine the greatest benefit regarding their incomes. Try it for free!

Featured Book: Jacks on Tax

Over 5 million Canadians submit their taxes online. This book by Evelyn Jacks is a must-read for the DIY tax-filer. KBR readers get $5 off if they order before January 14.
 
 
 
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
    343 votes
    69.86%
  • No
    148 votes
    30.14%