Knowledge Bureau Report
LEARN MORE. EARN MORE. SHARE MORE.

News Releases Media Releases 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:

February 2025 Poll

In your view will the new U.S. tariffs affect your clients’ business and retirement plans?
Yes: 1100 votes
66.34%
No: 558 votes
33.66%
 

Cast Your Vote

DAC 2019: Meet the Day 2 & Day 3 Speakers

Stay ahead of your competition, re-think your business objectives more strategically, armed with new knowledge about economic forecasts, portfolio management, investment, retirement and tax in the personal, corporate, trust and cross-border space. DAC, and the great line-up of compelling speakers will show you how to get more customers and have stronger ties to your existing ones. This is your opportunity to be part of the pre-eminent conference for leaders in the financial services. Learn more about the speakers and partners who will inspire you on days 2 and 3 of DAC 2019.

Read More

10 Reasons to Consider a Career in Bookkeeping

As long as there are businesses, there will be a need for bookkeepers. According to the Department of Employment and Social Development Canada (ESDC)*, the outlook for employment opportunities for Bookkeepers over the next three years looks promising for those looking to join the industry or continue in it. Out of 13 provinces and territories, 8 have a “fair” outlook for employment opportunities, while Nova Scotia, New Brunswick, Quebec, Manitoba, and the Yukon Territories all have “good” employment outlooks. Here are the top 10 reasons to consider a career in Bookkeeping:

Read More

Tax Planning: Prescribed Interest Rates Remain Unchanged

As predicted by bond rates, the interest rate due on overdue taxes and the prescribed interest rate for non-arm’s length loans remains unchanged for the third quarter of 2019. However, these interest rates still have a significant impact on 2019 tax planning, particularly for those who want to avoid undue balances owing to the CRA. Knowledge Bureau’s Income Tax Estimator can help taxpayers and their tax pros employ tax-efficient strategies that reduce income tax owing that could be subject to interest.

Read More

Tax Treatment of Employee Stock Options: The Role of Financial Advisors

Employee stock options can help companies attract and retain talented employees by providing a supplementary source of compensation that is linked to the future success of the company. Current tax rules provide a preferential personal income tax treatment in the form of a stock option deduction, which effectively tax stock option income like capital gains. But that’s about to change, and advisors working with HNW executives need to come up to speed.

Read More

Climate Action Incentive Payments: Claimed by 97% of Eligible Families

There have been several new tax and economic developments on climate change this month. Statistics on the Climate Action Incentive (CAI) payments became available, Albertans repealed their provincial carbon levy and the Final Report from the Expert Panel on Sustainable Finance was released.

Read More