News Room

Immediate Expensing Rules: Good Tax Policy?

Over the course of the last two federal budgets (April 16, 2024 and November 4, 2025), the rules for claiming Capital Cost Allowance (CCA) have been uncertain. The proposal to extend immediate expensing rules for certain acquired assets were paused for over a year and then re-introduced in a series of four complex measures which together with new rules for Scientific Research and Experimental Development have become known as the “Productivity Super-Deduction”.  A backdrop appears below. The key question: will this complexity be effective as an economic stimulator?   

No Time To Waste: TFSA, RRSP or Both?

It’s February – no time to waste. 

Knowlege Bureau Designate Highlight: Rick Green

Rick Green from Calgary, AB has nothing but praise for Knowledge Bureau’s Elements of Real Wealth Management course.

Foreign Income Verification Statement – Form T1135 Version 5

On October 29, 2014, the Organization for Economic Co-operation and Development (OECD), together with the G20 Nations approved and implemented an international standard for the “automatic exchange of information agreement.” 

Family Tax Cut – Who Will Get $2,000?

There's a lot of hype out there about the Family Tax Cut and some families have the impression that they are entitled to a $2,000 windfall this tax season.  In reality, most families will qualify for little or nothing from the Family Tax Cut.

Tax Credits for Seniors

The Income Tax Act provides preferential treatment for seniors, especially those with moderate income.

Limited Number of Knowledge Journals Available

This Week Only –  $195 plus taxes.
 
 
 
Knowledge Bureau Poll Question

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

  • Yes
    35 votes
    30.97%
  • No
    78 votes
    69.03%