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.  

Featured Tool: EverGreen Explanatory Notes

EverGreen is your in-office research department. Get ready to be more efficient this tax season with a click of a mouse. Register for the free demo now!

Featured Book: MASTER Your Philanthropy

Help your clients create a charitable giving plan that both meaningfully supports their cause and complements their overall wealth management strategy in a tax-effective manner. KBR readers receive $5 off if they order before December 17.

Featured Course: Tax Preparation for Proprietorships

Unincorporated small businesses have tax preparation and planning requirements that are unique. These small business owners will be looking to you for sound advice during tax time.

Weaker momentum takes its toll on federal finances

Canada is not immune to the problems plaguing global economies and recent government releases quantify the extent of the impact.

Provincial fiscal updates lower than expected

Many provinces have issued their fall fiscal updates and the same thing ails them as ails the federal government.

Evelyn Jacks: Charitable giving counts

I like to donate to my favorite causes in December. It makes me feel great because it benefits others. The fact it lessens my tax liability is but an added benefit.
 
 
 
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%