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. 

Avoid These Common Tax Filing Mistakes

Canadians love tax refunds, but hate rounding up the paperwork to do the return. That’s where common tax filing errors really begin.

Time to Increase Exposure to Stocks?

Be very careful about blanket advice.

Recognizing Tax Exempt Income

The best kind of income is the tax free kind, and indeed, several sources exist. 

Payroll Process Changes in a Paperless World

CRA form PD7A, Statement of Account for Current Source Deductions, along with the accompanying worksheet is the latest CRA form to move to the electronic age.

Lifestyle Column: 10 Neat Things

This week: 10 neat things about Dutch elm disease.

People in the News: Spotlight on Knowledge Bureau Faculty

Knowledge Bureau faculty members Pat Foran and Alan Rowell were recently in spotlight giving some timely tax season tips.
 
 
 
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
    35 votes
    87.5%
  • No
    5 votes
    12.5%