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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:

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?
Yes: 3 votes
12.5%
No: 21 votes
87.5%
 

Cast Your Vote

Time to Increase Exposure to Stocks?

Be very careful about blanket advice.

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Recognizing Tax Exempt Income

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

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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.

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Why Tax Strategies are So Important in Wealth Advisory Practices

Tax is a trigger for most clients. It’s complicated, time consuming and requires the meeting of a deadline. It’s also very expensive: it is the family’s largest lifetime expense.

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T2 Tax Guide Now Available

The Canadian Revenue Agency (CRA) has published its T2 Tax Guide on its website.

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