Poll Results: Canadians Remain Skeptical of the New Grocery Benefit

The federal government's new Canada Groceries and Essential Benefit is intended to help eligible Canadians cope with rising food prices and the increasing cost of everyday essentials. We asked our readers whether they believe it is the right solution to address inflation, and the response was decisive: 93% said "No," while just 7% said "Yes." 

The headlines around the world have been intense and for some, disturbing, over the last several weeks as borders have closed and diversity, financial and judicial systems have been challenged by change.  What does the future hold for Canadian investors and their advisors as a result of this uncertainty? 

Knowledge Bureau’s Advanced Bookkeeping for Multiple Business course is the logical next step for any bookkeeper to up their game and forge ahead in their career.

Providing value to your clients: Andre Yong Tit Kow, DFA - Tax Services Specialist™, Ontario

“The first responsibility of a leader is to define reality.”  Max DePree

The CRA has cancelled Information Circular IC98-1R5 and replaced it with a sixth version, which provides a new overview of CRA collections policies for individuals, corporations, GST registrants, employers and those who import or export or travel across borders. Advisors and clients will want to refresh on their obligations:

When can you claim the interest on investment loans? It’s a common question but the answer depends on the investment for which you are borrowing money. In order to claim the interest when you borrow money to invest, your loan must meet three criteria.