Red Ink on the Prairies

A day after Quebec’s Finance Minister Eric Girard brought down a Budget featuring a $6.3 Billion deficit, Saskatchewan’s Finance Minister Jim Reiter tabled his government’s budget on March 19. Next up was Finance Minister Adrian Salas, who tabled the Manitoba Budget on March 24. The common thread: there’s lots of red ink on the Prairies. But that’s where the budget documents differ between Manitoba and Saskatchewan. Here’s the latest tax news and why it matters to the advice you give your clients.

National Financial Education Institute Knowledge Bureau is pleased to announce the launch of its new virtual campus: learn.knowledgebureau.com.  The mission of the second campus, which complements the Specialized Credentials offered through www.knowledgebureau.com, will focus on an expanded curriculum of short professional courses available by subscription, especially designed for entrepreneurial advisors in search of both technical and business education.

This year’s thought leaders will be taking the stage at DAC Acuity 2022, October 16-18 in Niagara Falls to discuss the theme “Velocity: How to Gain Momentum in the New Economy”, and this is your unique opportunity to grow your business with innovative insight from the top Canadian Knowledge experts in tax, accounting and finance. We invite you to join us for a combination of great networking, and the serious work of understanding the trends and strategies that lead to sound decision-making with your clients in the current environment. RSVP now, and take advantage of early-bird tuition rates – only until August 31.

Owing money to CRA has just gotten a lot more expensive.  If you owe, you’ll pay interest at a rate of 7% effective October to December.   This represents an additional 1% increase over the July to August quarter which was, in turn, a 1% increase over the rate for the previous quarter.

Just over four months after the April 7th Budget, the Government released a large package of draft legislative proposals on August 9th.  They include details on the following provisions, which will be discussed in detail at the September 21st CE Summits. 

The 2021 Census has pointed to a growing new demographic advisors must take note of or risk losing a client base that can have significant lifetime value.  How well you embrace the transgender or non-binary demographic can make a big difference but it requires unique practice management changes.  Here’s what you need to know:

Join us for an exclusive night out with Knowledge Bureau President Evelyn Jacks and Chef Massimo Capra on October 15th in beautiful Niagara Falls.  This dinner is limited to 20 guests, so confirm your attendance at DAC and your reservation as soon as possible.  Here are the details of the delicious extravaganza; plus, check out the outstanding agenda too!