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.

Life purpose

“Only when the last tree has died and the last river been poisoned and the last fish been caught will we realize we cannot eat money.” Indian Proverb

Knowledge is Power – Here Are Ways to Afford It

Knowledge is power, but education is expensive. What are the funding options? Join us in this first of a series to sort it all out.  Bottom line:  it depends on who you are and where you live.  Our veterans, for example, have just had the lovely news that up to four years of free education at a post-secondary school may be possible.

Campgrounds Back in Tax News

CRA has provided an update to its audit position on campgrounds and the use of the Small Business Deduction when there are fewer than five full time employees.  The degree to which significant additional services are “integral to the success of its business operations” will make the difference for campgrounds which do a bit of both:  in fact the more services provided, the better the chances that the SBD may be allowed.

Poll is Close: Who Should Fund Child’s Education?

Knowledge Bureau’s August opinion poll is asking an important question about education funding and our readers are providing some thoughtful and vibrant answers; that’s why the poll results appear to be coming in neck and neck. What do you think?

Canada’s Would-Be Astronauts: What Financial Advice Would You Give?

Who knew Canadians are this adventuresome?  Last week, CBC reported that close to 4000 people -  most of them men – applied for one of two positions to be blasted into space.   If any life event change speaks to the need for immediate tax, estate and family wealth planning, this would be it!

Qualified Tax and Accounting Professionals are in Demand

According to a recent survey by Robert Half, 2017 Salary Guide, Accounting and Finance, professionals with tax and audit experience are in particular demand in the public accounting sector and salaries in these areas are increasing.   Tax accounting, in particular, is an excellent skill and a great “foot-in-the-door” to get experience and insights in an expanding industry.
 
 
 
Knowledge Bureau Poll Question

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

  • Yes
    16 votes
    18.39%
  • No
    71 votes
    81.61%