News Room

Fuel Excise Tax on Hold But Inflation is Not

The U.S.-Israel war on Iran has thrown global oil prices into turmoil and there is plenty of fallout for consumers. Travelling to Europe this summer? That’s in jeopardy, as jet fuel may run out.  Looking for relief at the pumps instead? The recently announced suspended federal excise tax on gasoline, unleaded aviation gasoline, diesel fuel and aviation fuel here in Canada will soften the blow, but only temporarily: it will be zero from April 20 to September 7, 2026. Here’s what you need to know:

June Poll: Raise the Minimum Wage? No Simple Answers

It seemed like such a simple question: Do you think Canadian provinces should raise the minimum wage to $15? But our June poll sparked a lively debate and more votes and comments than most. Over 500 of you weighed in and were closely divided on the topic, with 42% saying yes and 58% saying no.

Life Purpose

"The height of cleverness is to be able to conceal it." - François, Duc de La Rochefoucauld

The Tax Implications of a Mid-year Business Transfer

Imagine you have a client who is five or six years away from retirement, manages a small yet successful consulting firm with ten employees, and is married with two grown-up kids. He’s thought about retirement and the idea of finding a successor for his business, but overall, he’s been pretty non-committal.

DAC 2017 Bliss Event: The Summerhill Pyramid Winery Tour!

If you’re able to join us in Kelowna on Sunday, November 5, you won’t want to miss our visit to the beautiful and unique Summerhill Pyramid Winery! It’s the largest certified organic vineyard in Canada and was named “Canadian Wine Producer of the Year” in 2009 by the International Wine & Spirits Competition in London, England.

New Course on the Block! Introduction to Personal Tax Preparation

Calling all newcomers, young up-and-comers, career-changers and passionate-for-learning-retirees! Summer is a great time to go back to school and pick up a new skill that will provide you with a new income stream and a new sense of pride.

People in the News

Laramie Tan-Amit, has gained confidence in her role as a Professional Tax Practitioner and Bookkeeper
 
 
 
Knowledge Bureau Poll Question

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

  • Yes
    22 votes
    19.64%
  • No
    90 votes
    80.36%