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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:

This Month’s Poll

In your view is a comprehensive personal and corporate tax reform necessary to make Canada's economy stronger in response to trade wars?
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Real Tax News

End of Summer Tax Wisdom: Catch Up on Tax Filings

How many Canadians are behind in filing their tax returns? It turns out there are millions. According to the National Post, at the end of April 2026 there were an estimated 9 million Canadians, that’s 28%, that still had not filed their tax returns.

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Insolvencies Rise as Canadians Face Growing Financial Pressures

Canadians continue to face significant financial pressure, and renewed Canada-US tariff uncertainty adds another consideration for consumers and businesses already dealing with high costs, debt and economic uncertainty.

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KBR Poll: Tax and Financial Pros Split on Role of A.I. Leap

The Knowledge Bureau Report August Poll asked tax accountants and financial advisors to opine on how A.I. emerges to change the landscape in their industry; specifically, will it change how professionals create financial peace of mind in their communities?

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Trade Wars: Why Income Tax Filings Matter More Now

It’s hard not to get caught up in the trade wars saga, and of course it has serious economic repercussions. In times like these, our tax system can help. The federal government has indicated three pillars of support will be enacted, details of which are to come shortly:

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The T1 Adjustment Problem

What’s the holdup? Nearly a year after the Canada Revenue Agency was given 100 days to improve its service, delays in T1 adjustments continue. This has been a thorn in the side of the tax accounting industry as CRA sits on millions of dollars in dispute. No doubt, it’s a financially unhealthy state for tax filers as well. But the degree to which the edict to improve the service has failed, may surprise you. To weigh in with your thoughts, there are two important survey deadlines to consider. Here’s the lowdown:

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