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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%
 

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Defining New Realities: Headliners at DAC 2022 Are Truly Outstanding

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”, as we move into a crucial time that requires defining new realities and taking new financial strategies with clients in the ever evolving new economy. Learn more about the speakers and their topics you can’t miss! RSVP now, and take advantage of early-bird tuition rates – only until August 31.

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Protecting Client Privacy is Ethically and Morally Essential in Business

In the digital era of networking and cyberspace, establishing ethical standards for privacy is especially urgent.  The collection of your client’s very personal and financial information, usually through electronics has brought privacy to the forefront of everyone’s mind.  The people submitting the information and those collecting the information should be extremely concerned about privacy protection and compliance. 

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MFA-P Discovery Seminar: How Can Advisors Build Their Business by Supporting Their Community?

Professional advisors and charity professionals all focus and spend time in our individual specialty areas. On June 23 at 12 PM CST/ 1:00 PM EST, let’s spend some time discussing how these professionals can work collaboratively to enhance the client/donor experience with panelists MFA-P™ alumni Candice Jay and Aneil Gokhale. RSVP now for this complimentary MFA-P™ Discovery Seminar.

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Prescribed Rates Going Up July 1:  Pay Taxes, Make Tax Efficient Spousal Loans Now

Prescribed interest rates are about to rise for July 1 to September 30. One interesting and potentially beneficial financial strategy to grow the family’s wealth is to draw up an interspousal loan.  The time to draw up the paperwork and lock in the current 1% prescribed rate is before the end of the month - June 30.  Taxpayers who owe money to CRA will want to pay up before then too.  Here are the details: 

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T1s Due June 15: Proprietors Must File for More Reasons Than One!

Unincorporated taxpayers must file their personal tax returns by June 15 or face late filing penalties.  However, there are many more reasons to file than just to report and pay your taxes.  Here’s a rundown of the obligations:

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