News Room

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.

Tax Planning with the Enhanced New CGEB

Lower income Canadians will soon receive larger quarterly benefit payments under the Canada Groceries and Essentials Benefit (CGEB). Replacing the GST/HST benefit, the CGEB includes a one-time top-up beginning June 5, 2026 equal to 50% of a person’s annual benefit, and increased quarterly payments beginning in July.

Official Transcript Letter for KB Alumni & Designates!

The Official transcript letter for the period ending June 30, 2026 is now available to Knowledge Bureau students, grads, alumni and esteemed designates. Why is this important? Please review below:  

Workplace Training: Get on the Fast Track!

Small business owners in general are engaging in one of the most dynamic business opportunities in decades as demand for high precision services in the tax, accounting and financial services soar. Are you finding that challenging? You are not alone. Here’s what others are finding and why Knowledge Bureau can help.

June Poll Results: Tax Pros Not Happy with CRA

The question was simple: “According to CRA, Canadians experience improved service delivery and responsiveness from the CRA this tax season. Do you agree?” The answer almost unanimously no: 92% of Knowledge Bureau Report readers disagreed and they had plenty to say about it, too:

Owe Money to CRA? Here’s What to Know

Did you know that after the two filing deadlines for 2026 – June 15 for proprietors, April 30 for everyone else – over 7.5 million people owed money to the CRA? If that includes you, it’s important to pay promptly and understand the cost of current interest rates. Here’s what to know:

Real Tax News: Listen to Something Thought Provoking!

Looking for something intellectually stimulating to listen to this Canada Day? Ten new episodes of Real Tax News with Evelyn Jacks and Friends is now streaming. Season 2 features special guests and topics that bring tax and economic trends to life to help you and your clients start new conversations about how tax policy affects investments, demographics, business ownership and succession and retirement. Here’s the storyboard for your listening pleasure:
 
 
 
Knowledge Bureau Poll Question

In your view is a comprehensive personal and corporate tax reform necessary to make Canada's economy stronger in response to trade wars?

  • Yes
    65 votes
    95.59%
  • No
    3 votes
    4.41%