Coming This Month: Changes to Business Registration Online

More changes are coming to how your clients will access Business Registration Online (BRO). Starting July 14, 2026, the Canada Revenue Agency (CRA) your business clients will only be able to access BRO through their CRA account. As usual, it’s the taxpayer who is responsible for on time remittances and the burden of proof in an increasingly digital relationship with CRA. Here’s what you need to know:

It’s financial literacy month and that includes tax literacy.  High income earners, for example, will be interested to know that the RRSP maximum dollar limit - $30,780 – was recently announced for 2023. 

APPLY NOW: A $12.5M Retrain Manitoba Program that was just announced will reimburse Manitoba businesses up to $2,500 per employee for any training relevant to their industry and role.  Tax accounting and financial services business owners can use the money to train new and returning staff for tax season 2022, retroactive to April 1, 2021 will also be eligible to apply for reimbursement. Those who have trained their teams with Knowledge Bureau, and meet all other criteria, will be eligible for reimbursement through this program.

Canada Child Benefit (CCB) amounts increased again in 2021.  Technically, the base amount did not change until July, but a supplement was added for younger children for the full year.  This supplement has a big acronym attached to it:  the Canada Child Benefit Young Child Supplement (CCBYCS). 

The global pandemic has driven millions of consumers to online shopping and digital commerce, and that has altered their relationship with tax accounting and financial advisors’ firms too.  Will things ever go back to the way they were?  Likely not, but here are four important marketing tips that can help you propel your business growth in 2022 from a leading Canadian social media expert.

Jennifer Snyder, CEO of Doyenne Financial hosted a Martini Vent at DAC 2021 where delegates could discuss highlights (the rose), opportunities (the bud) and challenges (the thorn) they have faced over the past year while enjoying a home-made martini with ingredients (in a flashing martini glass) included in the DAC-in-a-box at a fun networking event.   Indeed, there were some wisdoms amongst the olives:

Unsure about transferring the family farming or fishing corporation or small business corporation to your child or grandchild under the current taxing environment?  There is good reason, considering a reprieve family businesses obtained with the passage of private members’ Bill C-208; has now ended effective November 1.