Red Ink on the Prairies
A day after Quebec’s Finance Minister Eric Girard brought down a Budget featuring a $6.3 Billion deficit, Saskatchewan’s Finance Minister Jim Reiter tabled his government’s budget on March 19. Next up was Finance Minister Adrian Salas, who tabled the Manitoba Budget on March 24. The common thread: there’s lots of red ink on the Prairies. But that’s where the budget documents differ between Manitoba and Saskatchewan. Here’s the latest tax news and why it matters to the advice you give your clients.Bill C-4 Passes
Bill C-4 has been proclaimed into law, so what do your clients need to know? For starters, not much that they didn’t already know, although there are a few eyebrow raisers.
Quebec Budget Boosts Retirement Savings
So far in provincial budget season 2026, every provincial government which has tabled a budget has announced a significant deficit. Quebec Finance Minister Eric Girard brought down his government’s budget on March 18th and contained in that budget is a $6.3 billion deficit. For context, it is smaller than last year’s deficit and next year’s is forecast to be $4 billion. The Quebec government is committed to a balanced budget by 2029-30. The budget document itself says the government is "resolutely pursuing” a path to balance.
Navigating Tax Treatment After Bankruptcy
When a commissioned salesperson receives a T2200 form from their employer, it opens the door to deducting employment expenses that are typically off-limits to salaried employees. But what happens when that employer goes bankrupt, and the salesperson pivots to self-employment? This article explores the tax treatment of such a transition, using a realistic scenario to illustrate the rules and opportunities available under Canadian tax law.
Beyond the Solo Practice: Building Capacity for What’s Next
Today’s Live Virtual Business Builder Summit was designed to help practitioners make that shift — from managing everything themselves to building a practice that can support more clients, more complexity, and long-term success. Good news! The Recorded course is now available for you to learn at your own time and convenience and you won’t want to miss this opportunity. Why does growth in your business matter so much now? Watch our short video featuring the event topics that will help your organization of grow beyond a solo practice as you consider these three key drivers:
Building Better Businesses Starts with the Ability to Scale
Do you know the biggest risk that a mature tax or financial services business faces? Complacency! For new business ventures, the risks are different: it’s the inability to deal with increasing capacity. If you find yourself in either of these scenarios, knowing how to scale your business to new heights could solve the problem. In this case, the DMA-Small Business Services Specialist Program is for you. Consider the following:
CRA’s Callback Service for Tax Pros Pilot
Are you a tax professional with years of experience? Have you ever felt frustrated after calling the CRA, having spent hours on hold, wasting your client’s or employer’s time, only to speak to CRA agents who aren’t qualified to answer your questions? The Auditor General of Canada was equally displeased in a scathing report last fall on wait times and accuracy levels at the CRA. Now a new CRA callback service may come to the rescue this tax season. Here is my experience with the pilot project so far:
