New Consultations: Modernizing Tax Rules for Charities
As the last remnants of a scrumptious Thanksgiving weekend subside, it is appropriate to take a look at the health and issues surrounding the charitable sector in Canada. Serendipitously, the federal government is seeking your views on how the tax rules for registered charities and the Canada Revenue Agency’s (CRA) administration of these rules could be modernized. A new consultation was launched on October 8 and here’s what the government wants to know, by December 3, 2026:November 5 CE Savvy Summit: Budget Insights & Year-End Planning
The New Federal Budget is being tabled on November 4. Fortunately full analysis will be available the next day for tax and financial professionals at the November 5, 2025 CE Savvy Summit. Register now: this live virtual event, Year-End Tax Planning for Investors and Business Owners, delivers timely analysis alongside practical strategies for optimizing 2025 year-end results.
Networking, Celebrations, and Community at the 2025 Acuity Conference
The Acuity Conference for Distinguished Advisors isn’t just about education. it’s about connection. Alongside world-class keynotes and CE sessions, delegates will enjoy an outstanding line-up of networking experiences designed to celebrate excellence and build lasting professional relationships in an unforgettable setting.
CE Master Micro-Credentials: Learning That Works as Hard as You Do
In a profession where knowledge quickly evolves and client needs never stop, financial advisors need education that is practical, flexible, and credible. That’s exactly what CE Master Micro-Credentials deliver.
Tax Shock Adds to Family Heartbreak
Last month the sad story of an Ontario family who suddenly lost both parents in 2024 was shared in Burlington Today. The tax outcomes were just as shocking as the two deaths from unrelated causes. There was a cottage, a large RRSP and a big tax bill. Some of the outcomes could have been mitigated with some planning. I sat down with CTV’s Pat Foran to discuss the outcomes – with a message important to family planning.
Year End Planning and the 14% Solution
Arthur Godrey once said: “I’m proud to pay taxes but I could be just as proud for half the amount.” Well, it wasn’t quite that generous but, effective July 1, Canadians did get a tax cut. The problem is, it will also reduce the value of Canadians’ non-refundable tax credits. This needs to be taken into account in year end planning.
Poll: Readers Have Doubts About CRA’s 100-Day Plan
On September 2, Finance Minister François-Philippe Champagne mandated the Canada Revenue Agency (CRA) to implement a 100-day plan to “strengthen services, improve access, and reduce delays.” The deadline for delivery is December 11, 2025. But do Knowledge Bureau Report readers believe this approach will work? Clearly, readers are skeptical, as 77% voted “no”. Many expressed frustrations with CRA’s performance and questioned whether such a short timeline could address deep, systemic issues. See what they have to say below!
