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:

Stop! Don’t file a T1 or T3 tax return yet, says a March 11, 2025, news release from the CRA, if you have been impacted by the chaos of the proposed capital gains inclusion rate increase.

If Canada’s most famous WWII spy were around today, he might well have been speaking about the federal government's Fall Economic Statement (FES).

A listed trust is one that is generally exempt from filing a T3 return unless, it owes money to CRA.

Learn the skills to develop strategies for accumulation, growth, preservation and transition of sustainable wealth.

The demand for skilled talent is high among Canadian finance leaders, with a limited supply of skilled talent.

VIP Transcripts coming April 3! Check out your official transcripts in the Graduate Lounge.