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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.
September 2025 Poll
On September 2, Finance Minister Champagne mandated CRA to implement a 100-day plan to “strengthen services, improve access, and reduce delays.” That’s by December 11, 2025. Do you believe this approach will help?
KBR Reader Exclusive: Rookie Training Special
Now is the time for rookie training! Choose from selected introductory certificate courses leading to DMA™ Designation and enrol by September 15 to save up to 27% on tuition. We invite you to check KBR for reader loyalty rewards weekly as a thank you for engaging with us!
CAIP Error to be Corrected September 15
The Climate Action Incentive Payment (CAIP) is now being paid in Alberta, Saskatchewan, Manitoba and Ontario, and starting in July 2023, in Newfoundland and Labrador, Nova Scotia, and Prince Edward Island. Administering these quarterly payments is a big job – CRA asked for a $1.9 Billion of increase in it’s March departmental budget. At least some of that money will go towards correcting an error made in July: taxfilers living in smaller centres will receive a reconciliation payment on September 15. Here are the details.
CRA Extends Taxpayer Relief in Wildfire Affected Areas
CRA is providing some relief from corporate tax filing requirements for businesses in wildfire zones in British Columbia and the Northwest Territories and some instruction on how to get access to tax benefits and manage tax collections and CRA audits during the disaster. Detail appears below:
Refund Examination Questionnaires: An New Challenge for Business Owners
Are you aware of CRA’s new refund “verification” questionnaires? These have far-reaching queries about business and rental activities, as well as the submission of personal information – everything from utility bills and insurance policies, bank statements and credit to verify residency and daily living expenses at each location. Taxfilers and their advisors need to become familiar with them now. Why? Because it’s going to take a long time to get them done when CRA comes calling! Here’s what you need to know:
Transformative Change in Retirement Planning & Financial Stewardship
Two CEOs from our Platinum Partner organizations will take the stage at DAC Acuity, November 13 in beautiful Banff to tackle critical skills required to embrace. They both happen to be Tony’s, too: Tony Demarin, CEO of BCV Asset Management will bring his thought leadership to the topic The Reset: Portfolio Construction at Ground Zero. Tony Mahabir, CEO of CANFIN Financial will discuss Financial Stewardship in a Digital Age.
