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." 

Payroll is an important component of year-end planning as owner-manager compensation and employee bonuses and benefits are calculated. In other words, tax has a heavy influence on both business cash flow and employee after-tax results.

We love sharing feedback from our recent graduates. This week we feature the success story of Delores Moskal from Yorkton, Saskatchewan, who recently graduated from Knowledge Bureau’s Business Valuation for Advisors course.

"Take criticism seriously, but not personally. If there is truth or merit in the criticism, try to learn from it. Otherwise, let it roll right off you." Hillary Clinton

According to the Conference Board of Canada, organizations that are committed to a strong learning environment for their employees will perform better than their competitors.  In fact, there are a number of tax advantages, too.

Finance Canada proposed changes to the $2000 Pension Income Amount in the September 20 release of sixty-four changes to the Income Tax Act and Regulations.  

Statistics Canada’s issued two reports on September 15; one reporting good news on the value of household wealth; the other showing that the value of employer-sponsored pension funds declined.