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:

Financing for Start-ups: There Are More Options Than You Think

Seeking the best solution to finance your start-up venture is essential to the long-term success of your business. The right solution depends on the current needs of the business, as well as those you anticipate in the future.

It’s Not Too Late: Register Now for the Distinguished Advisor Workshop

The Distinguished Advisor Workshops, fall edition, begin Thursday in Vancouver—a great way to earn 10 CE credits and officially start adding value to your client relationships with sound year-end tax planning opportunities. This is your chance to listen to top industry experts, learn from peer-to-peer interactions, and ask your most burning questions.

Owner-Managers Want Professionals to Guide Them Proactively

Are you being proactive in giving advice to your business-owner clients? Or is your work simply reactive to the transactions you are recording? Knowledge Bureau’s Managerial Accounting course trains advisors to better assist business owners with decision-making by being strategic and forthcoming with an interpretation of the information in the financial statements.

Life Purpose

"In order to carry a positive action we must develop here a positive vision." Dalai Lama

Compute Your RRSP Advantages Now

Did you know that only 23% of Canadians contribute to their RRSPs, and their median contribution is only $3000, according to the most recent stats for the 2014 year? That’s a shame for a number of reasons.

Year-End Planning: Don’t Forget Foreign Asset Reporting

Do you understand the Canadian reporting requirements that apply when assets are held offshore? Year-end tax planning includes the assembly of information to stay onside with tax authorities. The filing of form T1135 Foreign Income Verification is required by April 30 in the cases discussed below. Failure to file will attract expensive penalties.
 
 
 
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%