The Canada Revenue Agency (CRA) is ready for the 2026 tax season, are you? Our focus is making your tax-filing experience easier, faster, and more straightforward from start to finish. The CRA is prepared to deliver reliable and timely service during tax season. We know your expectations of us are high, as they should be – that's why we’re continuing to strengthen security, reduce wait times, and expand digital services to offer faster, more responsive support. We want you to

In December 2025, Alberta introduced amendments to its bitumen valuation and royalty framework under the Mines and Minerals Act . While these changes won’t affect every business, they are important for companies involved in bitumen production, transportation, processing, and royalty reporting. Here’s a clear breakdown of what changed — and why it matters.   What Changed? The Alberta government issued two related regulatory updates that focus on: How certain costs are treated

Life is full of milestones that change your perspective, introduce a new adventure, or bring you a host of new decisions. Certain milestones also affect your taxes, offering you new benefits and credits if you are eligible, and ways to reduce your taxable income. Follow us on Instagram where we’ll be sharing “Filing In Love”, a new story about a fictional young couple, Alex and Neena, and how taxes intersect with key milestones in their lives. This six-week page-turner drops

Keeping your CRA account up to date is one of the simplest ways to prevent delays, avoid disruptions, and make tax season run smoothly. Ensuring your personal information is accurate and that you can access your account when you need it will save you time and frustration. Make sure you can access your CRA account Confirming you can sign in to your CRA account is an easy but important step to take before tax season (online filing) begins on February 23, 2026. If you have fo

During tax season, threat actors ramp up their efforts to attempt to access taxpayers’ accounts at the Canada Revenue Agency (CRA) to file fraudulent tax returns and benefit claims. To protect your personal information from increasing threats and unauthorized third parties, the CRA is continually introducing and improving its security measures . Improving account security through multi-factor authentication (MFA) The CRA uses MFA to enhance the security of online accounts. Th

In 2025, approximately 93% of income tax and benefit returns were filed online. If you typically file on paper, why not enjoy the benefits of online filing? It makes filing simpler and offers many benefits, such as receiving your refund quicker and not having to mail anything to the Canada Revenue Agency (CRA). However, if you choose to file on paper, there are important changes to be aware of this tax-filing season. We’re dedicated to ensuring that you have the resources you

The Canada Revenue Agency (CRA) now sends most business correspondence online through the My Business Account portal in your CRA account , instead of by paper mail. To make sure you receive notifications when new mail or important changes occur, add or update your email address in your CRA account. Why updating your email address matters Keeping your email address current in your CRA account ensures you receive notifications when: New mail (such as notices of assessment, stat

The Canada Revenue Agency (CRA) is warning Canadians about certain financial arrangements involving  critical illness insurance  that may be designed to avoid paying taxes. These arrangements often involve complex transactions, like borrowing money and using it to pay for insurance, which can mislead taxpayers and result in serious tax consequences. The CRA has previously issued warnings about similar schemes including those involving Offshore Disability Insurance Plan and O

November is Financial Literacy Month, and this year’s theme, ‘Talk Money,’ encourages Canadians to have open, honest conversations about their finances. Talking about money is not easy – we get it. However, improving your tax literacy can be directly beneficial to you! Learn how doing your taxes can put money in your pocket, help you save up for a home, or your retirement. We also share tips on how to protect your finances from scams and fraud. For those looking for extra ca

The Canada Revenue Agency (CRA) is changing how tax professionals are authorized to access your tax information — and this change affects every individual taxpayer in Canada. Until now, tax preparers like me could send a signed authorization form (T1013) through certified tax software to gain access to your CRA file. This option is ending.After July 15, 2025, CRA will no longer accept authorization forms submitted through EFILE software for individuals. This means a new proce

Starting November 3, 2025, registrations for new business number (BN) or Canada Revenue Agency (CRA) program accounts must be done online. The CRA is moving away from phone-based registrations, so if you call the Business Enquiries (BE) line to register, you’ll be directed to the CRA’s secure online portal Business Registration Online (BRO). This change is designed to make the registration process quicker, easier, and more secure for businesses. Here is what you need to kn

The Alberta child and family benefit (ACFB) is a tax-free amount paid to families that have children under 18 years of age. For July 2025 to June 2026 , you may be entitled to receive the following amounts: $1,499 ($124.91 per month) for the first child $749 ($62.41 per month) for the second child $749 ($62.41 per month) for the third child $749 ($62.41 per month) for the fourth child The benefit is reduced as family income exceeds $27,565. If your adjusted family net income

The Canada Revenue Agency (CRA) is committed to helping taxpayers correct their past tax mistakes. The Voluntary Disclosures Program (VDP) allows for well-intentioned taxpayers to voluntarily correct their tax affairs and receive some financial relief. On October 1, 2025, changes to the VDP will come into effect. These changes will make it easier to correct unintentional filing errors or omissions and make the program more accessible. The program remains focused on providing

The Canada Revenue Agency (CRA) wants to make sure that you are receiving the benefits and credits you are eligible for. As a senior,...

Canadians have been contributing to tax-free savings accounts (TFSA) since 2009, enjoying tax-free investment growth. Did you know that...

Recover a locked account Your account will become locked if you enter the wrong information too many times for any of the following: CRA...

As students head back to class, it’s the perfect time to sharpen more than just pencils — let’s sharpen their financial skills too. The...

The Canada Revenue Agency (CRA) has rolled out some important updates this fall that could impact both individuals and businesses. Here’s...

Between April and June 2025, the Canada Revenue Agency (CRA)  quietly rolled out a federal and provincial tax payment deferral  for...

The government is moving forward with the proposal to deliver tax relief for Canadians by reducing the lowest marginal personal income...