Finance Canada Releases Draft Legislation January 29
February 27, 2026 is the last date to comment on a raft of draft legislation released at the end of January covering provisions from the November 4, 2025 Federal budget, the Fall 2024 Economic Statement, amendments from Budget 2021 regarding Hybrid Mismatching Arrangements, technical changes to two investment tax credits, dating back to 2022 and 2023, as well as corporate changes regarding the Global Minimum Tax. The key measures to note appear below:Last Call to Register: Fall CE Summits
Last chance to register for year-end tax planning workshops, The Fall CE Summits. We’ll touch on the financial implications of this month’s election and its impact on year-end tax planning together with the important go-forward planning opportunity for corporate owner-managers and retirees.
Clarification of German Pension Recipients Letter from Neubrandenburg
Canadians who receive German pensions may have seen some new items on the yearly letter from Neubrandenburg. Siegfried Merten, MFA™, has provided us with clarification on this letter and what pensioners need to do to remain in compliance. Advisors can be of great assistance here.
Graduate in the News – Meezan Shariff
Meezan Shariff is a student at Knowledge Bureau currently working toward her DFA – Bookkeeping Services Specialist™. Recently, we had a chance to ask her a few questions about how she felt about the courses she’s completed, what they did for her, and her overall experience. Friendly and upbeat, she was more than happy to give us a few minutes of her time.
It’s a Minority Liberal Government – What Can We Expect?
With a Liberal Party minority forming government after this week’s election, the big question on the minds of many taxpayers is, are taxes going to rise and, if so, for whom? This important milestone opens new opportunities for advisors’ discussions on year-end tax planning and important topics like investment, retirement and succession planning.To help you navigate through what’s to come, based on the Liberal election platform, this Knowledge Bureau Special Report runs through some of the more significant provisions announced in the Liberal Election Platform, as costed by Parliamentary Budget Office.
The Proposed New BPA: It’s Complicated
The new government has pledged changes to the Basic Personal Amount (BPA), but in doing so, has introduced significant complexity into the calculations, especially for higher-income earners. These changes are scheduled to begin in 2020 and targets taxpayers with incomes below $150,605 and $214,557 as explained below:
Election Expenditures: The Promises to Discuss Before Year-End
Highlights of some of the important tax expenditures planned by the new government, which translate into the promises made for targeted recipients, will form an important part of year-end tax planning this year. Tax and financial advisors may wish to discuss what’s coming up with their clients now, and review financial decision-making with new insights into the promises made by the Liberal government.
