Q4 - Indexation of OAS and Prescribed Interest Rates

Two pieces of good news for the last quarter of 2026: seniors will get a small raise, but prescribed interest rates at CRA will stay steady for the last quarter of 2026. Here’s what you need to integrate into your year end planning activities.

Diane Colton, Business Services Specialist, FDFS™, Knowledge Bureau VIP graduate, designate, esteemed Fellow of Distinguished Financial Services and owner of Mobility Tax has been selected to receive the King Charles III Coronation Medal from the Governor General of Canada.

The Recorded Sessions of this High Value Webinar are now available featuring in depth instruction from tax experts Evelyn Jacks, Kim Moody and Ruth Horst.  Don’t miss this important opportunity to decipher the Capital Gains chaos for your clients, family and community. File T1 returns with the new Schedule 3 with confidence – train rooking staff members, too. Plus, there’s still time to enrol in our upcoming CE Savvy™ Mini Summit live-virtual events. On February 19 we will focus on Families and Their Real Estate and on February 26 Small Business Returns.

Join Evelyn Jacks and special guests for a weekly podcast delivering real tax news people need to know.  It’s been quite the journey for taxpayers who own assets like cottages and businesses.  In this first episode of Real Tax News: “Capital Gains Chaos Gets a Reprieve” featuring Geoff Currier, find out the latest PLUS the Definition of True Wealth.

As we all know, it’s been a roller coaster week in tariff news. The Canadian dollar started to sink, although not to its lowest historical level-yet. The 30 day pause in implementation of the U.S. tariffs has provided a wake up call: What effect will such a Black Swan event have on portfolios and, by extension, retirement plans?

The Bank of Canada cut its interest rate by .25% to 3% on January 29, a full two percentage points lower than was the benchmark in 2023.

Statistics Canada data shows that Canadian parents are starting families later in life than previous years. This trend not only affects housing markets but also influences social services, healthcare needs, and community planning.