Elbows Up: The Time for Personal-Corporate Tax Reform is Now
One can’t avoid the messaging of the economic pain to come. Our deteriorating economic relationship with our biggest trading partner will require us to “pivot and prosper” in order to emerge “stronger and more resilient” says our Prime Minister. While exactly how we will do this is still unclear, there is one clear opportunity: for both federal and provincial governments to initiate a significant personal and corporate tax reform in the upcoming fall budget.Federal Excise Tax Suspension Extended
With the tariff war with the United States heating up, Prime Minister Mark Carney announced on September 2 that the excise tax suspension will be extended until January 31, 2027. This news provides a measure of relief for the average Canadian family but now is the time to get ready for the inflationary effects of the reinstated tax staring in February – already an expensive month for winter heating costs. Here’s what you need to know:
CRA Audit Defence: A Full Day of Advanced Training for Today’s Tax Environment
What does effective CRA audit defence look like in practice? On September 23, the CE Summit: Audit Defence Management will tackle that question across a full day of advanced professional development. The agenda moves from identifying high-risk files and emerging areas of CRA scrutiny through audit and reassessment management, documentation and defence strategies, tax technology and a true-to-life case study that puts the day’s learning into practice.
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?
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.
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.
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?
