News Room

Spring Economic Statement: April 28, 2026

April 15, 2026: Ottawa, Ontario - Yesterday, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, announced that he will table the Spring Economic Update 2026 on Tuesday, April 28, 2026. In the Spring Economic Update 2026, the government will provide an update on its plan to build the strongest economy in the G7, and outline additional actions taken to drive prosperity, play to Canada’s strengths, and support Canadians where and when they need it most.

Business Owners:  Claim the Small Businesses Air Quality Improvement Tax Credit

The Small Businesses Air Quality Improvement Tax Credit is now law, and it could be a lucrative return for those who improve their business premises. The business owner can also reach back and make the claim for expenses incurred in 2021. Details follow:

Defining New Realities: Headliners at DAC 2022 Are Truly Outstanding

This year’s thought leaders will be taking the stage at DAC Acuity 2022, October 16-18 in Niagara Falls to discuss the theme “Velocity: How to Gain Momentum in the New Economy”, as we move into a crucial time that requires defining new realities and taking new financial strategies with clients in the ever evolving new economy. Learn more about the speakers and their topics you can’t miss! RSVP now, and take advantage of early-bird tuition rates – only until August 31.

Protecting Client Privacy is Ethically and Morally Essential in Business

In the digital era of networking and cyberspace, establishing ethical standards for privacy is especially urgent.  The collection of your client’s very personal and financial information, usually through electronics has brought privacy to the forefront of everyone’s mind.  The people submitting the information and those collecting the information should be extremely concerned about privacy protection and compliance. 

MFA-P Discovery Seminar: How Can Advisors Build Their Business by Supporting Their Community?

Professional advisors and charity professionals all focus and spend time in our individual specialty areas. On June 23 at 12 PM CST/ 1:00 PM EST, let’s spend some time discussing how these professionals can work collaboratively to enhance the client/donor experience with panelists MFA-P™ alumni Candice Jay and Aneil Gokhale. RSVP now for this complimentary MFA-P™ Discovery Seminar.

Prescribed Rates Going Up July 1:  Pay Taxes, Make Tax Efficient Spousal Loans Now

Prescribed interest rates are about to rise for July 1 to September 30. One interesting and potentially beneficial financial strategy to grow the family’s wealth is to draw up an interspousal loan.  The time to draw up the paperwork and lock in the current 1% prescribed rate is before the end of the month - June 30.  Taxpayers who owe money to CRA will want to pay up before then too.  Here are the details: 

T1s Due June 15: Proprietors Must File for More Reasons Than One!

Unincorporated taxpayers must file their personal tax returns by June 15 or face late filing penalties.  However, there are many more reasons to file than just to report and pay your taxes.  Here’s a rundown of the obligations:
 
 
 
Knowledge Bureau Poll Question

Should the Old Age Security clawback start at a lower net income than the current $93,454?

  • Yes
    15 votes
    18.07%
  • No
    68 votes
    81.93%