News Room

Record Number of Tax Returns Filed in 2026

It looks like tax season 2026 could be the biggest one we’ve seen in the history of filing in Canada, proving once more that Canadians are extremely tax compliant and that filing a personal tax return is the most important triggers for long term wealth planning in this country. But there is a shortage of qualified people and now is the time to do something about that before tax season 2027.

New Advisor Award: Nominations Accepted Until September 15

Nominate someone you know for the DAC New Advisor Award today! 

DAC 2022: Financial Peace of Mind Through the Emotional Despair of Climate Change

Estate Planning: Finding Financial Peace of Mind Despite Next Gen Despair

Business Leaders: Future-Proof Your Practice

Gender Inclusion: Acknowledging and Servicing Transgender, Non-Binary and LGBTQ2+ People. It has never been more apparent than now that gender norms are changing, and these changes are here to stay.

DTC Claims For Diabetics and Others: Your Money is Coming

Good news! CRA is reviewing previously denied claims for the Disability Tax Credit (DTC) under expanded eligibility criteria available for the 2021 tax filing year. 

Preserving Capital in Inflationary Times

Preserving capital in the current environment includes three goals: managing the financial triggers caused by the current environment, understanding the tax-efficient "wealth horizon", and preserving income-producing capital in advance of transition events: retirement and death of a taxpayer. 

Tuition or Canada Training Credit?

Starting in 2020, most taxpayers between the age of 25 and 65 began earning an entitlement to the Canada Training Credit of $500 per year. In order to claim the credit, the taxpayer has to have eligible tuition fees for the year. So, what’s the difference between claiming the tuition credit and the Canada Training Credit?
 
 
 
Knowledge Bureau Poll Question

Is the new Canada Groceries and Essential Benefit the right solution to help Canadians with inflation?

  • Yes
    6 votes
    7.41%
  • No
    75 votes
    92.59%