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:

You can have zero income and pay zero taxes but still receive refundable tax credits in Canada—simply by filing a tax return. But because many of these credits are based on “family” rather than “individual” net income, you and your spouse need to file tax returns together. 

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Family business owners typically have most of their net worth tied up in their business. This book outlines the options available to the family to ensure they know how to protect one of their most valuable assets. Order by Feb. 18 and receive $5 off.

At some time in the lifecycle of a business, the owner/manager must deal with the sale or succession of the business. This course will help you guide your client in making decisions regarding the financial and business issues that arise during these transitions.

Get a quick answer to how much tax saving are available by making an RRSP contribution and determine the costs of a proposed RRSP loan and compare the loan costs to the earnings within the RRSP during the loan repayment period. Read more to see the calcualtor in use.