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.

Leadership Development: Maintain Your Humility as You Develop Knowledge and Confidence

As Knowledge Bureau unveils our new Executive Business Builder Program, increasing our focus on leadership education and development in 2018, it’s important to explore what makes a great leader. Today we’ll focus on confidence vs humility. . .when it comes to leadership, what matters more?  Join us in discussing this topic on our Executive Business Builders Network.

Tax Tip: Infirm or Disabled: What’s the Difference for Tax Purposes?

Caring for a loved one with a disability?  CRA may contact you to verify your claim for the new Canada Caregiver Amount or the Disability Amount. For these reasons, it’s important to draw the distinction between “infirm” and “disabled,” for different provisions on the tax return.

No Tax Relief for Middle Class: A Bigger Bill Despite Government Claims

A recent study by the Fraser Institute reveals that the Liberal government’s changes to the personal income tax system have already raised taxes for the vast majority of middle-income Canadian families (81 percent) by an average of $840 annually. But there’s more to come. . .

Our Top Posts of 2017: What Are Financial Professionals Reading?

It’s a sign of the times: Knowledge Bureau Report readers were most interested in recent tax news, based on our top five posts revisited here. The proposals to change the tax system for private corporations are of most concern; small wonder, too. Not yet law, Tax on Split Income (TOSI) rules begin January 1, 2018. Principle residence reporting changes are important too. Here’s what mattered most to our readers in 2017:

Tax Audit Practices: Small-Business Owners Need Financial Education

Small businesses in Canada are responsible for employing 8.2 million Canadians, which is 70.5 percent (1) of the total labour force. Recent tax changes are impacting small-business owners, their families, and the middle-class population in general, significantly.  It’s time to take control with broader, deeper tax knowledge.

Let’s Collaborate: Get in on the DAC 2018 Agenda

Knowledge Bureau’s annual Distinguished Advisor Conference (DAC) will be taking place in beautiful Quebec City from November 11-14, 2018. The theme is “Changing the Face of Community – Collaboration with Impact.” We would love to hear what this means to you, and what you’d like to see in our compelling sessions at this pre-eminent educational event.
 
 
 
Knowledge Bureau Poll Question

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

  • Yes
    14 votes
    17.72%
  • No
    65 votes
    82.28%