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:

Employers’ Treatment of GST/HST on Employees Taxable Benefits

Some employee taxable benefits are subject to GST/HST, while others are not.

New Legislation: The Economic Action Plan 2014 Act, No. 2

New legislation from the Department of Finance, The Economic Action Plan 2014 Act, No. 2, received Royal Assent on December 17.

Improving Economic Potential:  A Smart Financial Goal

Happy New Year!  What’s your “economic potential” in 2015? 

Our Readers Are Awesome

Sometimes a little clarification is in order.

Don’t Miss It: Professional T1 Tax Update January 20 - 23

Secure your spot at the Knowledge Bureau’s Comprehensive Day Long Tax Update!
 
 
 
Knowledge Bureau Poll Question

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

  • Yes
    24 votes
    38.1%
  • No
    39 votes
    61.9%