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Financial Issues & Answers for Everyone

A thorough analysis of today’s financial news—delivered weekly to your inbox or via social media. As part of Knowledge Bureau’s interactive network, the Report covers current issues on the tax and financial services landscape and provides a wide range of professional benefits, including access to peer-to-peer blogs, opinion polls, online lessons, and vital industry information from Canada’s only multi-disciplinary financial educator.

This Week’s Edition of KBR:

June 2025 Poll

Are your clients owed money by CRA? As of March 31, 2025, the CRA holds about 10.2 million uncashed cheques totalling $1.7 billion. In your view, why is this happening?
Yes: 4 votes
40%
No: 6 votes
60%
 

Cast Your Vote

Financial Advisors’ Advice and Strategies Altered by A.I. Revolution

From cell phones to airplanes, building and coins, ore is indispensable in modern life; but, like many other outputs, the work people do to bring it to market is being impacted by the A.I. Revolution. Similar disruptive changes affect the advice tax and financial advisors give their clients.

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Weekly Thought Provoker: Threats or Adaptation Opportunities?

Join our online discussion: When changes in the industry force professionals to adapt, should we call them threats, or are they opportunities?

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Time to Learn Tax Preparation? Canadian Income Tax is 100 Years Old This Month

The 100th anniversary of personal income tax is coming up on September 20! On that day in 1917, The Income War Tax Act received Royal Assent, heralding in the first personal income taxes in Canada. Perhaps it’s high time you tackled the challenge and mastered the tax return and all it’s nuances? It’s an investment that could really pay off for you.

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People in the News

Karen Stokowski, a tax professional in Holden, Alta., has this to say about the Distinguished Advisor Conference

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Nine in 10 Business and Financial Pros Oppose Morneau’s Tax Proposals

Accountants, bookkeepers, financial advisors and business leaders are joining the chorus of dissent against Ottawa’s proposed tax changes affecting private corporations, warning of dire consequences to the Canadian economy if implemented, a Knowledge Bureau survey finds.

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