News Room

Time’s Up: CRA’s 100 Day Mandate for Improvement

After years of frustration on the part of tax professionals and taxpayers alike, the Finance Minister ordered the Canada Revenue Agency to clean up its act in 100 days. Specifically, the improvement plan was to run from September 2 through December 11. Finance Minister and Minister of National Revenue, Francoise-Phillippe Champagne instructed CRA to fix “unacceptable wait times and service delays.” Time’s up this week and CRA has released an update on progress. What gets measured, gets done. Let’s see what CRA’s metrics show. 

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Have You Been Appointed Power of Attorney? What You Need to Know

Undertaking the role of Power of Attorney for a loved one can be overwhelming, especially if you don't know where to start. If you have agreed to be a Power of Attorney, prepare yourself early by learning the 8 steps you need to know. Join us for Attorney School in Toronto April 26 or Regina May 24 for only $99.

Thinking of Challenging CRA in Court? Think About Costs

Thinking of challenging the CRA in court? Legal costs could be one important factor to consider.

The Importance of Accurate Record Keeping

The Tax Court of Canada (TCC) recently considered an appeal by a contractor in his 2008 and 2009 taxation years who disagreed that his motor vehicle expenses should be disallowed.

Review of CDIC Limits: Amongst Three Important Changes at the Bank

A comprehensive review of Canada's deposit insurance framework was announced in the February 11, 2014 budget.

Evelyn Jacks: Veterans Need Tax-Efficient Investment Advice

According to the February 11, 2014 federal budget, approximately 7,600 Canadian Armed Forces personnel leave the Canadian Armed Forces every year. 
 
 
 
Knowledge Bureau Poll Question

It costs a lot more to go to work these days. Should the Canada Employment Credit of $1501 for 2026 be raised higher to account for this?

  • Yes
    36 votes
    87.8%
  • No
    5 votes
    12.2%