Knowledge Bureau Network
LEARN MORE. EARN MORE. SHARE MORE.

Real Tax News Podcast View Poll
 

Subscribe to KBR




STAY UP-TO-DATE WITH BREAKING TAX AND INVESTMENT NEWS.

A thorough analysis of today’s financial news—delivered weekly to your inbox or via social media. As part of Knowledge Bureau’s interactive network, the Report covers current issues on the tax and financial services landscape and provides a wide range of professional benefits, including access to peer-to-peer blogs, opinion polls, online lessons, and vital industry information from Canada’s only multi-disciplinary financial educator.

This Week’s Edition of KBR:

April 2025 Poll

Do you believe our tax system needs to be reformed and if so, what would be your first improvement? If not, what do you like about it?
Yes: 68 votes
98.55%
No: 1 votes
1.45%
 

Cast Your Vote

More Relief: Prescribed Interest Rates Decrease July 1

There’s more financial relief ahead for Canadians, as prescribed interest rates are set to decrease on July 1. That means shareholder loans, inter-spousal investment loans and other taxable benefits likely should be planned for Q3. 

Read More

Lend a Hand: Take the Emergency Pandemic Benefits Response Course

If you are looking for that next professional development course that will help you provide high-value advice to your financially stressed clients, take the Pandemic Benefits Response Course online to sort through the chaotic myriad of benefits and all their pitfalls. Every professional in the tax, bookkeeping or financial services must know how to do that. Enrol by May 31 save $100.

Read More

Start a New Conversation About Retirement with Your Clients

Now is the right time to start a new conversation about retirement with your clients and give a high-value gift to move it forward. Get your copies of Master Your Retirement, Doug Nelson’s best-selling book – with a special offer.

Read More

CEWS Extended until August 29

The federal government extended its Canada Emergency Wage Supplement (CEWS) until August 29 last week, and that’s good news for business struggling to recover as Canada comes out of COVID lockdown. That now extends the program to 24 weeks, retroactive to March 15, 2020.

Read More

Seniors Get a Covid-19 Payment

Seniors who qualify for some portion of the OAS (Old Age Security) will receive a one-time tax-free payment of $300 from the federal government to help with COVID-related costs while GIS recipients will get $200 more. Further, another tax information filing extension was announced with this news on May 12: this time to October 1, 2020. For those who don’t need the money there are some interesting leveraging and sharing opportunities.

Read More