News Room

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:

New! Check out our New Designation Brochures and 2015 Course Catalogue

The 2015-2016 Knowledge Bureau Course Catalogue is now online.

Foreign Income Verification Reporting – Form T1135 (Part 3)

This is the final instalment of a three-part series on Foreign Income Verification.

CPP – Now or Later? (Part 2)

Last week in Part 1 of CPP - Now or Later, we discussed that one of the more difficult decisions for those approaching retirement is when to start receiving their CPP retirement pension.

False Statements on Tax Returns Leads to Fine, Jail Time

According to an  article posted on the Canadian Revenue Agency (CRA) website, an Ottawa woman was recently sentenced to 30 days house arrest and ordered to pay a fine of $47,789 due to false statements made on her income tax return.

Family Tax Cut Changes Conventional Wisdom for RRSP Contributions

Before the Family Tax Cut provisions it was straightforward, a given RRSP contribution was always more beneficial if claimed by the higher-income spouse.

DAC 2015 is Heading to Puerto Vallarta, Mexico

Have you reserved your spot at the 2015 Distinguished Advisors Conference (DAC) yet?  
 
 
 
Knowledge Bureau Poll Question

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?

  • Yes
    1 votes
    100%
  • No
    0 votes
    0%