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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:

April 2024 Poll

Did you agree with the government’s last minute abort of the bare trust filing requirements on March 28, just one business day before the April 2 deadline?
Yes: 51 votes
No: 29 votes

Cast Your Vote

February 6 Economic Plan: New Spending, But No Tax Relief

The federal government announced over $200 million in new rent and emergency shelters support as well as $5 million a year to fund consumer research, investigate and reveal harmful business practices, all as part of its economic plan. Sadly, there was no broad-based tax relief to put money into the hands of consumers.  Here’s what was announced and how filing a tax return before the end of the month could provide more broad-based help instead.

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Foreign Ownership Ban Extended

Finance Canada has extended the ban on foreign ownership of Canadian housing for an additional two years.  This will now expire on January 1, 2027. Foreign commercial enterprises and people who are not Canadian citizens or permanent residents will not be allowed to purchase residential property in Canada.  But will this help make housing more affordable in Canada? 

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Make a Difference as A Real Wealth Manager™

Make a difference while you differentiate with new credentials and a collaborative approach to leadership in building your practice and a natural referral network, too, with the Real Wealth Management™ Designation Program. The RWM™ approaches conversations with clients on a deeper level while following a compliant framework that goes beyond KYC and KYP – all to enable greater financial piece of mind. Enrol in the RWM™ Designation Program, only $1,295 for single registrations (save $500) or study with a buddy and your tuition is only $995 each.

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Share the Love at the Acuity Conference for Distinguished Advisors

Share the love with your companion or team member and join us in the splendid aura of the arts in the charm of Montreal as you discover new ways to lead with impactful guidance at the Acuity Conference for Distinguished Advisors, November 10-12, 2024.  Early-bird deadline: February 15. Save up to 25% on tuition when you register as a Delegate, Companion or Team Member!

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Advanced Tax Update, Lite: Convenient Online Tax Training

Did you miss the January 17 Virtual CE Summit? Now available, the Advanced T1 Tax Update for 2023 Returns, Lite version! Tax season is coming up fast, and this is the tax season solution your team needs! Contact your friendly registrar Carol Scott

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