News Room

Fuel Excise Tax on Hold But Inflation is Not

The U.S.-Israel war on Iran has thrown global oil prices into turmoil and there is plenty of fallout for consumers. Travelling to Europe this summer? That’s in jeopardy, as jet fuel may run out.  Looking for relief at the pumps instead? The recently announced suspended federal excise tax on gasoline, unleaded aviation gasoline, diesel fuel and aviation fuel here in Canada will soften the blow, but only temporarily: it will be zero from April 20 to September 7, 2026. Here’s what you need to know:

Top 10 Reasons the TFSA Rocks!

Despite political controversy, the TFSA has gained broad-based acceptance by 40% or 11 million average Canadians. 

Just How Long Do You Have To Keep Those Tax Receipts?

Glad to have another tax season behind you? Don’t be so quick to throw out your tax files!

Odds Are Good For Starting Your Own Business

Thinking of making a big change in your career path?  Maybe it’s time to take control and be your own boss? 

Self-Employment:  The New Retirement Trend?

Does anyone really need to retire anymore? 

Manitoba Tables Deficit Budget

The 2015 Manitoba provincial budget was delivered on April 30, 2015. 

Newfoundland Joins the “Tax the Rich” Movement

The 2015 Newfoundland and Labrador provincial budget was presented on April 30, 2015. 
 
 
 
Knowledge Bureau Poll Question

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

  • Yes
    22 votes
    19.64%
  • No
    90 votes
    80.36%