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:Guaranteed Basic Income in Canada: Taxpayers Beware
A nationwide initiative that would provide Canadians with a base guaranteed income is under consideration. It’s a move with polarizing opinions, with many citing an increased burden upon taxpayers to fund the program.
After April 30: Tax Deadlines for Snowbirds, Proprietors and Investors
It’s the season when many Canadian snowbirds who spend the winter in the United States return to Canadian soil. Timely, as there is also an essential tax deadline for these individuals coming up soon. Learn more about this deadline, and other essential dates that tax and financial advisors must address now that the April 30 personal income tax filing deadline has passed.
Poll Results: Most Disagree with Universal Childcare Funding
By a wide margin, Knowledge Bureau poll respondents disagreed with the concept of free childcare for all, as 72 percent voted “no” to the question: Do you agree that licensed day care centres should be fully government funded for children aged 2½ until they are eligible for kindergarten?
Tax Season 2018: Your Advice Starts Here and Now
Tax and financial advisors are in agreement—the Canada Revenue Agency’s audit practices are more aggressive than ever. Now that the deadline has passed for filing 2017 personal income tax, it’s already time to prepare your clients for success in the 2018 tax season. Knowledge Bureau offers the education and support you need to mitigate the tax-audit risks that could cost you and your clients, and maximize their benefits and deductions.
Business Leaders: It’s Critical to Continue to Hone Key Skills
Do you have leadership goals, despite your experience? Do you want to continue to develop as a more effective leader as you grow your career and build your business? There are now three new ways to do so, all in one exciting program.
Overcoming Fake News: The Value of Professional Advice
Media giants like Facebook and Google heavily influence the resources available to internet users and it’s creating skepticism among Canadians who are questioning whether they can trust that they’re finding valuable, accurate information to guide their important financial decisions, and rightly so. This environment of doubt and uncertainty is an opportunity for astute tax and financial advisors to shine.
