News Room

Finance Canada Releases Draft Legislation January 29

February 27, 2026 is the last date to comment on a raft of draft legislation released at the end of January covering provisions from the November 4, 2025 Federal budget,  the Fall 2024 Economic Statement, amendments from Budget 2021 regarding Hybrid Mismatching Arrangements, technical changes to two investment tax credits, dating back to 2022 and 2023, as well as corporate changes regarding the Global Minimum Tax.  The key measures to note appear below:

Maximize Your Charitable Giving: Tax Benefits of Non-Cash Donations

Charitable giving is a meaningful way to support causes you care about—and in Canada, it can also be a strategic financial decision. While cash donations are common, gifting appreciated securities or valuable personal property such as jewelry can provide enhanced tax advantages. Donating these assets directly to a registered charity allows individuals to avoid capital gains tax and claim a charitable donation tax credit based on the fair market value of the gift.  But they might be surprised by the AMT - Alternative Minimum Tax.  That’s where a tax specialist and a great income tax calculator comes in.

Build a Stronger Tax Team in 2026: Professional Training Solutions for Businesses

As Canadian businesses prepare for another demanding tax season, leaders are facing a familiar challenge: sourcing skilled, confident staff who can handle increasingly complex personal and corporate tax filings. Whether you employ seasonal rookies, returning preparers, or full-time financial specialists, the need for structured, up-to-date tax training has never been higher, and there are some important educational opportunities coming up from Knowledge Bureau.

Thumbs Down on Federal Budget

“Do you believe the November 4 Federal Budget addressed the key financial issues your clients need to see from their Finance Department and the CRA?”  That’s the question we asked Knowledge Bureau Report readers last month.   Over 86% of the respondents said the government got it wrong.    Some comments about what was missing below.  Also, now’s the time to weigh in on the final poll question for 2025. 

The Acuity Conference 2025 Special Report

Available Tomorrow!  The Special Report on the 2025 Acuity Conference for Distinguished Advisors (DAC) captures the key learning, insights, and highlights from the 2025 Acuity Conference for Distinguished Advisors in Puerto Vallarta. The reviews from delegates, like Jane’s below,  were amazing and so were the pictures, the gorgeous vistas and above all, the “A” game the outstanding speakers brought to their current and relevant topics!

December 2025 Poll

It costs a lot more to go to work these days.  Should the Canada Employment Credit of $1501 for 2026 be raised higher to account for this?

Final Payments Finally: Canada Carbon Rebate for Small Business

A portion of fuel charge proceeds from the price on pollution was promised to eligible small and medium-sized businesses via the Canada Carbon Rebate for Small Businesses (CCRSB).  Now, the final payments for the 2024-2025 year will be coming before the end of 2025, in designated provinces. That announcement was made on November 14. Here’s what to expect:
 
 
 
Knowledge Bureau Poll Question

Do you agree with the government’s plan to introduce the new Canada Groceries Essentials Benefit (CGEB)?

  • Yes
    24 votes
    37.5%
  • No
    40 votes
    62.5%