Bill C-31: Royal Asset and New CRA Powers Could Come Soon

Changes are coming to the Income Tax Act and both you and your clients will all be affected with new tax risks including longer tax audits. Bill C-31, which passed second reading in the House of Commons on June 3 and is now at committee stage, contains elements of previous Federal Budgets that will expand the CRA’s compliance and enforcement powers. Here’s what you need to know and pass along to your clients:

This past spring, we were excited to receive some of the best reviews we’ve ever had for our series of Distinguished Advisor Workshops (DAW). As a result of your great feedback and suggestions, we’re shaking up the Distinguished Advisor Workshops to bring you the new CE Summits! Tell us what you think of our new colours and themes!

There has never been a better time to register for your summertime learning and add to your skillset!  But you’ll need to hurry and register by the Friday, June 30, at noon deadline to avoid the tuition increase on July 1. 

Rebecca Ringwood loved her stress-free and fully-supported experience in the Basic Bookkeeping for Small Businesses course

Well, tax filing season should be over officially for most individuals— and that means it’s already time to think RRSP season! Will you be topping up?

A sound and resilient financial sector is key to making any national economy function efficiently. To that end, the Department of Finance published regulations on June 16 regarding implementation of the Bank Recapitalization (Bail-in) Regime. 

Canada’s future economy will depend heavily on highly skilled workers who require post-secondary education (PSE). Employment and Social Development Canada suggests that the number is 70%(1).