Spring Economic Statement: April 28, 2026
April 15, 2026: Ottawa, Ontario - Yesterday, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, announced that he will table the Spring Economic Update 2026 on Tuesday, April 28, 2026. In the Spring Economic Update 2026, the government will provide an update on its plan to build the strongest economy in the G7, and outline additional actions taken to drive prosperity, play to Canada’s strengths, and support Canadians where and when they need it most.Elections & Taxes: How Much Will Be Left?
Financial advisors have a big role to play in helping their clients understand and explore the effect of the proposed tax and financial issues as part of their year-end tax planning activities. There have been tax cuts, but more alarming, the potential of really big tax hikes for today’s wealth holders. Are you and your clients up-to-speed on the effects on boomers in particular? Here’s what we know so far:
Family Business: A Major Player in Canada’s Economy
Family business is integral to Canada’s economy, according to a recent study by Family Enterprise Xchange*. As major contributors in the areas of employment, goods and services produced, growth and longevity, family enterprises are an important opportunity for industry professionals to educate themselves and strategize, as the biggest threats to the continuity of family enterprise are demographics, tax policy and a lack of trained advisors.
Cryptocurrency Changes: Tax and Investment Considerations
Blockchain technologies and tax rules related to cryptocurrency continue to evolve. What do tax and financial advisors need to know about how these changes impact assets and investments, today, tomorrow and in the years to come? The newest speaker added to the DAC 2019 lineup Hussein Hallak, CEO & Founder of Next Decentrum will provide a primer with his speech on Reshaping Your World: Blockchain, Cryptocurrency and Cybersecurity.
What Does the Future Hold for Public Accounting?
In today’s era of innovation and industry disruption, CPAs have become wise to the fact that their future careers will look a lot different than how they do today.
Federal Election Campaign Round-Up
If you are a Canadian investor, business owner, or average taxpayer concerned about the overall affordability of living in Canada heading into the federal election on October 21, you will want to take a close look at the tax and economic proposals included in the major party’s campaigns. We’ve done a comparison and there are some eyebrow raisers!
Year End Tax Incentives: Eco-Incentives and 100% Write-offs
Should you be buying a business asset before year end? There are some great tax incentives available if you’re in the market for new office furniture or a new car. The Accelerated Investment Incentive introduced last fall triples the capital cost allowance claims for assets purchased after November 20, 2018. That means your expenditures for all assets purchased in 2019 will qualify. Eco-friendly cars also qualify for an extra saving. Here are the details:
