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.

New Twist on Owner-Manager Compensation Planning

Financial Planners and Tax Specialists, together with Owner-Managers of Canadian Controlled Private Corporations (CCPCs) will need to review the compensation and retirement planning arrangements currently in place to ensure they are not eroded by recent federal tax changes. 

TFSA and RRSP: Collaborative Investing is Key

In deciding which of the two tax preferred investment vehicles should be used for various lifecycle purposes – the TFSA or the RRSP - advisors and their clients should carefully consider all the advantages of investing in and withdrawing from each vehicle.

Tax Efficient Transition Planning with RRIF Withdrawals

What should you do with your RRIF withdrawals once you’ve generated the tax with the funds?  

May 15 UCCB Deadline:  Are You Telling Your Clients About It?

Have you alerted your clients about the changes in the eligibility for the increased UCCB benefits?

The New RRIF Rules and Pension Income Splitting

Recent changes to RRIF withdrawal rules are in the spotlight since the April 21, 2015 federal budget.  Will they affect pension income splitting, and if so, how? 

Small Business Catches a Tax Break!

Small businesses employ half of all Canadian workers in the private sector; making sure these employers can continue to provide jobs is critical. 
 
 
 
Knowledge Bureau Poll Question

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

  • Yes
    16 votes
    17.98%
  • No
    73 votes
    82.02%