Draft Legislation Released July 23, 2026
While Canadians were enjoying the height of summer 2026, Finance Canada released draft legislation for a number of previously announced tax measures including new rules for the disabled, apprentices in the trades, those with automobile benefits, farmers on the prairies and business owners buying assets or remitting GST/HST. A consultation has been issued on the proposed new rules, which must be emailed to the department by September 4. There are some important changes, some summarized below, which will also be covered in the September 23 CE Summit.TAX TIP: Top Three Tax Investments for Education Funding
Statistics Canada reports that an undergraduate degree costs close to $6200 but according to a new study, 80% of parents don’t know that. Worse, most parents are poorly informed about tax efficient ways to save, especially weak on RESP knowledge. This is a great opportunity for tax and financial advisors to add significant value.
KB Poll: Parents Should Be Primarily Responsible for Post-Secondary Education
A highly engaged audience weighed in on who should fund post-secondary education as Knowledge Bureau’s August poll asked, in your opinion is it the parent’s responsibility.
Under the Weather: Canada’s Economic Performance
It’s fall: time to ramp up Canada’s economy! Possibly the only good news in Statistics Canada’s August 31 report on Gross domestic product, income and expenditure, for the second quarter 2016, was that Canada’s household savings rate was 4.2%, up from 4.1% in the first quarter.
What is a Proposal for a Small Business?
With all the dreary economic news, it’s not unusual for businesses to hit a bump in the road, something astute professional advisors should watch closely as our guest columist, Andy Fisher, of the Small Business Restructuring practice at Farber Financial Group explains.
Introducing the DAC 2016 Speaker Starting Line Up
Soar Higher! You won’t want to these 20 thought-provoking speakers, who will bringing to you cutting edge interpretation of global events, including the results of the controversial U. S. election night, and their sage insights designed to help you maximize your greater potential.
Seven Reasons to Go Back To School with Knowledge Bureau
Today’s professional tax and financial advisors work within a changing environment in which clients are more willing to pay for knowledge and interpretation. Highly informed clients, especially Millennials and their retiring parents, demand an expanded knowledge base in the value proposition they are willing to pay for.
