Case Commentary: Rotfleisch v. Canada – Filing an objection does not stop the alleged tax owing from accumulating interest

Canadian tax lawyer and accountant David J Rotfleisch looks at a Federal Court of Canada decision in a case going back to 2004 in which he was the applicant

Canada needs an open finance roadmap, not just open banking

Canada has a window to learn from open banking examples around the world and design an open finance roadmap that fits its own needs says Eric Saumure, CPA

Drop-off in renewable projects will deprive MD of major tax revenues

Alberta’s moratorium on renewable projects has created a hangover effect for municipal districts that received the benefit of steady tax revenue for years

Case Commentary: Rotfleisch v. Canada – Filing an objection does not stop the alleged tax owing from accumulating interest

Canadian tax lawyer and accountant David J Rotfleisch looks at a Federal Court of Canada decision in a case going back to 2004 in which he was the applicant

Canada needs an open finance roadmap, not just open banking

Canada has a window to learn from open banking examples around the world and design an open finance roadmap that fits its own needs says Eric Saumure, CPA

Drop-off in renewable projects will deprive MD of major tax revenues

Alberta’s moratorium on renewable projects has created a hangover effect for municipal districts that received the benefit of steady tax revenue for years

Accounting News

Practice

PCAOB inspection report: Almost half of PwC Canada audits included significant deficiencies

PricewaterhouseCoopers lowered its deficiency percentage from 63 to 43 per cent, according to US audit watchdog review of seven audits conducted in 2024
Practice

CPA Ontario fines former KPMG Canada partner $50k over failed Laurentian University audit

Laurie Bissonette, who led the KPMG audit engagement team just prior to Laurentian filing for insolvency, also had her fellowship designation suspended
Students

September 2025 CPA CFE results: Congratulations to 4,188 aspiring Canadian accountants!

While the September Common Final Examination honour roll was dominated by students working in public accounting, some surprises, trends emerged
Profession

Change of leadership at audit watchdog CPAB at critical time for audit, accounting regulation

Former Ontario Securities Commission regulatory executive Sonny Randhawa, CPA, CA to replace Carol Paradine at helm of Canadian Public Accountability Board
Profession

Canadian Public Accountability Board extends enforcement action against Manning Elliott LLP

British Columbia based accounting firm will still be prohibited from accept new high-risk reporting issuer audit clients, says Canadian audit watchdog CPAB

AI won’t replace accountants — it’ll make them indispensable

Accounting firms that modernize their tech stacks, invest in Canadian-compliant AI platforms, and focus on high-impact client service, will lead the future



Confidence is the new currency in the AI economy

The growing partnership between accountants and AI not only transforms accounting but strengthens SMB leadership confidence says Ciarán Quilty of Intuit