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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:

August 2025 Poll

A public consultation on whether the CDIC’s deposit insurance limit should be raised to $150,000 per deposit category is underway. Do you agree?
Yes: 30 votes
90.91%
No: 3 votes
9.09%
 

Cast Your Vote

Eight Factors in Deductibility of Support Payments

Last week, KBR took a look at the case of Blue v. the Queen in the Tax Court of Canada, in which the deductibility of support payments was challenged by the CRA. The leading case on the matter of deductible support payments is The Queen v. McKimmon [1990]. The following commentary summarizing the criteria was submitted by Greer Jacks.

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Life Purpose

Be curious. Enjoy the process. Marvel at life and its richness as you go along. Dr. Susan Biali, M.D.

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Last Chance to Enrol in Advanced Tax Update Workshop

Learn all the details behind the lines on the 2015 T1 return. But hurry: registration ends Friday January 15.  Designed for the busy tax and financial professional, Knowledge Bureau’s Advanced Tax Workshop is custom-designed to provide the most recent advanced updates from CRA and Finance Canada and to shake out the cobwebs in time for tax season. Ideal for training new and returning staff, too.

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Become a Certified Tax Practitioner: Start Online Today to Earn Your Diploma

The time is now to earn a diploma as a Certified Personal Tax Practitioner. These professional credentials offer you the chance to have a current and well-rounded educational experience and get work in a career that’s in high demand.

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TaxCycle: DAW Sponsor Bringing Financial Advisors Into the Future

Knowledge Bureau is pleased to announce that TaxCycle will join the January Personal Tax Update Workshop tour as a national sponsor. Founded in January 2010, Calgary-based Trilogy Software Inc. creates tax software for accountants and tax professionals.

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