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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:

February Poll

At a time when 48% of Canadians say they are $200 away from insolvency, do you think reducing tax refunds (last year’s average was $1740 or $145/month) would help?
Yes: 59 votes
25.21%
No: 175 votes
74.79%
 

Cast Your Vote

Winter CE Summits: Be Your Clients’ Best Audit Defence

Canadians this year will be surprised by the volume of changes to the return and all the lines in it. Professionals who can answer specific questions, interpret financial activity and file with precision present a great value-add to their clients:  the confidence that the new 8-page 2019 return is both accurate and defensible. And that’s important in a vigorous audit environment. The Winter CE Summits provide the knowledge you need – sign up by Friday January 10 for best fees.

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GRADitude Contest: Win Free Enrolment to DAC Acuity 2020

Happy New Year!  What better way to start the new year than with a new contest for you, our readers.  We have extended the deadline for you to enter it! As we look  forward to sharing knowledge with you in 2020 and beyond, please accept our GRADitude for your loyal readership!  All Knowledge Bureau readers who have graduated from an online program as a designate in 2019 or by January 30, 2020 can enter our draw to win one free enrolment to DAC Acuity 2020 in Niagara Falls this October.

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Graduate in the News – Lorne Jackson, MFA-P™

Lorne recently completed the new MFA-P™, Philanthropy Designation and we caught up with him to ask him more about his experience, what his thoughts are on the course, and why he decided to pursue his MFA-P™, Philanthropy Designation.

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Canada’s Financials: Big Debt Amidst Economic Malaise

In Monday’s Fall Economic Report, the Finance Minister set the stage for the performance of the Canadian economy and how the new fiscal projections in the document may impact your pocketbook and your retirement savings. There is some good news in the numbers, but as Canada prepares for a potential global economic downturn in 2020, there are some storm clouds on the horizon, too. Most significant, Canada’s accumulated federal debt is expected to hit new heights: $810 billion by 2025.

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Personal Amount Changes: How Much are they Really Worth?

Legislation proposed on December 9 will increase the Basic Personal Amount (BPA), the maximum Spousal Amount claim, and the maximum claim for an eligible dependant. How much are these claims worth to you? We reveal the real dollar values here today.

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