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.

In case you missed it, Finance Canada released draft legislation for consultation on July 29, the Friday of the August long weekend. Responses must be received by September 27. Of particular interest to investors: the implementation date for new taxation on switches in corporate-class mutual funds appears to be pushed back to January 1, 2017. And there’s much more than that to be aware of.

There are several tax credits that students, their parents and teachers should be sure to claim on their 2016 tax returns. Here’s a synopsis of them; the trick is to keep documentation for the claims now.

In the end, it was a philosophical battle that tested who is best responsible for the future of retirement savings in Canada: only 18.6% of respondants to Knowledge Bureau’s July poll question answered yes when asked, “In your opinion, is the enhanced CPP a better retirement savings plan than putting the equivalent amount of premiums into a TFSA?” The remaining 81.4% voted no—in favor of the tax-paid contributions to a tax-exempt savings vehicle over mandatory, partially deductible contributions to a taxable fund.

Knowledge Bureau is pleased to welcome Portfolio Strategies as the Exclusive Sponsor of the Distinguished Master Financial Advisor Graduation Luncheon at the Distinguished Advisor Conference, November 6-9 in San Diego. Portfolio Strategies’ President, Mark Kent, will be on hand at this prestigious event to congratulate graduates and present them with their designation pins and special gifts.

Bookkeeping is the cornerstone of any small business. In fact, keeping track of cash flows is a key stressor more many.  That’s where a highly qualified professional bookkeeper comes in:  to help steer the business into calm waters before any waves come aboard.  If you want to be that professional, Knowledge Bureau’s Advanced Bookkeeping for Multiple Business course is the best choice to up your game.

Do you want to learn a whole new way of thinking about your business so you can be at least 100 times more excited about your future? Bill Bishop, CEO of Bishop Communication Inc. and publisher of Disrupter Magazine, will explain how in his must-hear session at the Distinguished Advisor Conference 2016.  Final registrations are open now to September 30.