News Room

May 2025 Poll

Does the Liberal promise expected soon to cut the lowest personal income tax rate by 1% to 14%,  go far enough to help Canadians impacted by high costs?

Boomers vs. “The Kids”

It was boomers bashing the kids in last month’s Knowledge Bureau Poll which asked, “Are today’s small businesses and their workforces prepared to grow and meet changing demands while trying to fill the knowledge and experience gaps left as baby boomers retire over the next 5 years?” 

Taxman Rules Supreme: “Gifts from God” are Taxable

The Provincial Court of British Columbia heard an interesting defence to allegations of tax evasion faced by a father and son in Nanaimo, British Columbia recently.

Evelyn Jacks: Professional Back to School Tax Savings Tips – Part 2

Last week I shared some tax tips that will help you as you plan your children's activity agendas for the year. This week I provide some tips on claiming credits for others expenses such as child care, medical, and transportation as well as how to recover refunds or missed claims.

Loan Sharks: Criminal Interest Rate Provisions Fail to Curtail Practice

Back in 1980, unanimously, and without much debate at all, Parliament enacted Section 347 of the Criminal Code with the objective of combating “loan sharks”.

Taxes on the Final Return: Avoid the Greatest Eroder of Wealth

Planning ahead can ensure more of your financial legacy remains intact once you’ve continued on with your journey.

When Can I Avoid Capital Gains on Transfers of Securities to Charity?

You can use a 0% capital gains inclusion rate, rather than the normal 50% rate when transfer qualified securities to your favorite charity, including a private foundation.
 
 
 
Knowledge Bureau Poll Question

Does the Liberal promise expected soon to cut the lowest personal income tax rate by 1% to 14%, go far enough to help Canadians impacted by high costs?

  • Yes
    3 votes
    12.5%
  • No
    21 votes
    87.5%